The rise in silver prices has led to higher prices

We would like to inform you about a development in the market that has unfortunately affected the prices of shielded fabrics, canopies, and clothing over the past year.

Most shielded textiles contain silver, and the price of silver has risen sharply recently. In the past year alone, the price has risen significantly—by over 250% compared to levels a year ago. This has led to manufacturers around the world now adjusting their prices upwards.

This also applies to our suppliers, and we have therefore been forced to update the prices of several products. 

Behind the upturn are continued geopolitical uncertainty, trade conflicts and growing mistrust of government debt and currencies. Following new US tariff announcements and increased tensions surrounding Iran, the risk picture has actually intensified.

At the same time, the physical market for silver is strained. Demand from industry is high, particularly in connection with electrification and solar energy. Investor flows have been record high.