Silvers demand is driven by two main factors. Firstly, silver is attractive because of its rich history as a monetary instrument. Throughout time, silver coins were used for daily purchases of smaller value. Secondly, silver's use in industry also drives its demand. Its industrial consumption and thus price are affected by particular industries that require silver in stages of production.

The desire to buy silver has risen exponentially in the past several years where, during recent volatile economic times, demand has outstripped the ability for the recognized world mints and refineries to keep up with huge volume orders. To a lot of investors silver is a precious metal that is a lot more accessible in terms of price than gold; moreover, silver certainly has the potential to pass gold on percentage price increase in the years to come.