Consulting analysts in tomorrow’s commodities and technologies

Silver Market Reports

SFA (Oxford) is a respected and trusted advisor to the industry, with long-standing client relationships built upon its delivery of granular, ground-breaking analysis. In addition to its consulting role, the SFA (Oxford) team provides regular market intelligence on precious metals, including silver.

Weekly precious metal report

The Heraeus Precious Appraisal is co-produced by SFA (Oxford) and Heraeus Precious Metals, a leading provider of precious metals services and products. Distributed weekly by Heraeus, this report provides regular insight into important trends in the precious metals markets, covering silver and gold, as well as platinum, palladium, rhodium, iridium and ruthenium.

The report includes a weekly review of the silver market and the numerous industrial uses that make it more dependent than gold on supply and demand dynamics. This can cause the performance of the silver price to diverge from  that of gold. Consequently, we report on the indicators which can shed light on these trends, such as the gold:silver ratio, and examine how investors view silver, the volume of short and long future contracts and the amount of silver held by ETFs. Significant demand trends are explored, particularly in electronics manufacturing, the largest demand sector, and photovoltaics, one of the most volatile sectors. Disruptions or unexpected increases in supply complete the supply and demand picture but, apart from fundamentals, the direction of the silver price is indicated using technical analysis.