Mecklai Graph of The Week

What’s new with silver’s demand?

31 Jul, 2025
Graph of the week

Silver is expected to experience high volatility in the coming months due to increasing industrial demand.

Demand for silver is seen increasing beyond its traditional uses to clean energy technologies, photovoltaics, EVs, power distribution networks, charging infrastructure, energy storage solutions, hydrogen production, high-performance chips, and infrastructure components needed for 5G connectivity, artificial intelligence and AI-driven devices and data centres. Apart from this, it is also used in healthcare applications.


Silver made its new high last week of 39.48 and has come down to retest the level of 38 with support 37.42 silver has further potential of moving towards making new highs with its nature of safe heaven asset class the move can extend much due to new policies, rising copper prices and also due to upcoming lab grown gold it can steal all the attention from gold.