Silver — A Complete Market Guide (2026)

Sun, 12 Jul 2026 10:00:00 +0200

Data as of 11 July 2026. Prices are quoted as multi-year and full-year averages, not a single day’s snapshot, so this report stays useful over time. Reserves, production splits, balances, and historical series are estimates from agency data, rounded for clarity. This report is for information only and was prepared with AI assistance — see the disclaimer at the end.

Silver is the two-faced metal: half precious-metal store of value, half critical industrial input. It trades alongside gold as a monetary hedge, yet more than half of demand now comes from factories — above all from solar panels — and the market has run a structural deficit for five straight years. In 2025 that tension drove silver from under $30 to above $50 an ounce. This report is the free, big-picture primer on how the silver market actually works — where it comes from, who buys it, how its price is set, and which forces drive it. For the company-level data behind the charts — every producer screened by production, reserves and cost — go to Metal Pilot .

Gold — A Complete Market Guide (2026)

Sun, 21 Jun 2026 10:00:00 +0200

Data as of 25 June 2026. Prices are quoted as multi-year and full-year averages, not a single day’s snapshot, so this report stays useful over time. Reserves, production splits, balances, and historical series are estimates from agency data, rounded for clarity. This report is for information only and was prepared with AI assistance — see the disclaimer at the end.

Gold is the oldest monetary asset still trading every business day, and in 2024–2025 it did something unusual: it set record highs while nominal interest rates were high — a regime that normally works against it. This report is the free, big-picture primer on how the gold market actually works — where it comes from, who buys it, how its price is set, and which economic regimes favour it. For the company-level data behind the charts — every producer screened by production, reserves and cost — go to Metal Pilot .

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Silver — A Complete Market Guide (2026)

Gold — A Complete Market Guide (2026)