Silver has more than 1,000 uses nowadays many of which can not be easily substituted with any other metal. Generally, it is used in very small amounts (like in mobile phones) making it unviable to recycle it. For many years world consumption has been much higher than the amount mined globally. This has been facilitated by the fact that at the end of ww2 there were stockpiles equating to approximately 22 Olympic swimming pools full. Going back 70 years or so there were very few uses for silver, just a little jewelry and a few coins. Nowadays with stockpiles close to exhausted there is less silver available (above ground) in the world than gold I believe
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