Business News Asia
The Silver Institute has published the demand outlook for 2022. According to this, 2022 is expected to be a new record year, as global silver demand is set to rise to 1.112 billion ounces. The increase is expected to be…
Metals used for green technologies have been rising sharply again in recent years. Lithium, nickel, tin, silver, copper, cobalt, or manganese are facing an ever-increasing demand. Political decision-makers see the focus for the future all together on the development of…
According to the Silver Institute, the physical silver investment could rise by double digits this year. The reasons for this are the macroeconomic uncertainties and increased inflationary pressure. This is expected to drive investors into silver as a safe haven…
Gold futures closed at an eight-month high on Wednesday (Feb. 16), driven by investors buying gold as a safe haven. The North Atlantic Treaty Organization (NATO) confirmed that Russia continues to strengthen its military along the Ukrainian border. The gold…
Gold futures closed lower on Tuesday (Feb. 15) as investors softened their concerns about tensions between Russia and Ukraine. News that Russia has ordered the withdrawal of some troops from its border areas with Ukraine may provide some de-escalation. The…
Lithium is getting harder and harder to find, but silver could be the solution. The element lithium belongs to the alkali metals and has the abbreviation Li. Many know the metal by now because it is an essential component in…
Hydrogen is seen as the fuel of the future because hydrogen does not produce CO2 during combustion, but water as a byproduct. Moreover, for some time now, the first vehicles such as buses or passenger cars have been using hydrogen…
As you should have noticed by now, inflation has become part of our daily lives. When driving to the gas station or going to the supermarket, prices for essentials like gasoline (+42%) or beef (+15%) have skyrocketed. If you are…
Anyone who wants to buy a house today has to dig deep into their pockets. The prices for houses became more and more expensive over the years. The average home price in the U.S. stated in dollars is currently around…
Rising inflation and the silver deficit were not enough to push the silver price up in 2021. According to the U.S. Mint, demand for silver fell 6% in 2021. It sold just over 28.2 million ounces of silver, down from…
