Top 5 Canadian Silver Stocks of 2024
Silver demand is forecast to reach its second highest level ever in 2024 at 1.2 billion ounces, driven by industrial market segments such as photovoltaics and electric vehicles. This high demand is coming alongside flat production growth, and is creating a situation that would seemingly be ripe for a price breakout. However, the first months of the year saw the metal trade in the US$22 to US$24 per ounce range. The beginning of March brought a shift in the market, and silver started to make gains. Following its sister metal gold higher, silver hit a quarterly high of US$25.71 on March 20 befor...