by Steve St. Angelo
According to the figures in the 2016 World Silver Survey, Americans now lead the world in physical silver investment. This is quite an interesting change as India has been the number one market for silver bar demand in the past.
For example, Indians purchased more than 100 million oz (Moz) of silver bar in 2008 of the approximate world total of 125 Moz. However, silver bar demand is only one segment of total global physical silver investment. There is also Official Coin demand.
If we look at the data for 2015, India continues to rank as the largest source of silver bar investment int he world: