Silver price decline is putting new projects on hold

2 years ago
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#Silverprice decline is putting new projects on hold

The #silver price has been hit hard over the past few months, and it's having an impact on the supply side of the market.

Not only have margins on silver projects gone down, while costs are higher due to #inflation, but there's less capital coming into the sector. Which means that new projects are not being financed, and that there will be even less silver supply on the market going forward.

Over the longer term that could serve as a bit of a floor under the silver price, although to find out more about how the current lower price is affecting the market, click to watch the video now!

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#silver
#silverprice
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