Silver fabrication demand increased 12.8% to 878.8 million ounces in 2010 due to higher industrial demand. Total silver supply also rose in 2010, up 14.6% to 1,056.8 million ounces. Looking ahead, total world fabrication demand is forecast to increase around 10% annually while jewelry and silverware demand may decline slightly due to high prices. However, investment demand from silver coins is expected to continue growing as investors remain attracted to silver.

1. Silver

2. Price Trend
• 1 ounce ~ 28.34grams
• 36 ounce ~ 1.02 kilogram

3. World Silver fabrication Demand (2010)
Total Fabrication Demand
in 2010:
+12.8% to 878.8 Moz
Annual Changes:
2010 less 2009

4. World Silver Supply (2010)
Total Supply in 2010:Up 14.6% at 1,056.8 Moz

5. Future And Conclusion
Future
 Total world fabrication demand forecast to be around 10% higher y-o-y.
 Jewelery & Silverware demand combined expected to decline marginally due
to continuing high prices.
 With investors continue to demand silvers coins, Investment demand expected
to grow.
Summary
 9.1% annual rate of appreciation over this 19-year period .
 Silver will start garnering worldwide attention just like gold.