Mining Output to Rise as Silver Demand Increases
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Silver prices have surged over 14%, surpassing gold in performance. With increasing demand for silver, mining output is expected to rise.
March 18, 2025 | 3:45 pm
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POSITIVE IMPACT
The Sprott Physical Silver Trust (PSLV) is likely to benefit from the rising silver prices and increased demand, as it directly invests in physical silver.
PSLV is a trust that holds physical silver, so its value is directly tied to silver prices. With silver prices up 14% and demand increasing, PSLV is likely to see positive impacts.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80