US Stock Market Movement | Spot Silver Returns to $94, Silver Stocks Rise Collectively

Glonghui, January 22｜Silver-related stocks rose collectively, with Coeur Mining up over 10%, Endeavour Silver and First Majestic Silver both up more than 7%, and Silvercorp Metals up 3.6%. In terms of market news, spot silver surged more than 1%, climbing back above $24/ounce. According to the latest report from the Silver Institute, global industrial demand for silver is expected to continue growing over the next five years due to soaring demand in fields such as photovoltaics, AI, and electric vehicles. Data shows that global silver supply in 2025 will be 32,100 tons, while global demand will reach 35,700 tons, with industrial silver accounting for 60% of total demand. Analysts point out that the global silver market has been in a structural deficit for five consecutive years, and physical inventories are rapidly depleting. (Glonghui)