There should not be that great of a problem if manufacturers would buy silver on a daily basis, and if there would be a daily return on their expenses by means of flexible product prices . In the last silvercrisis they saw themselves limited by customer prices which they thought would not yield space to bring over increased raw material costs. I must add here that then on some markets prices were regulated.
At least now all manufacturers seem to buy silver in batches, what to my understanding does not make things easier.
Now there are people in the industry who see the situatian of rizing prices for raw materials as positive as by lifting product prices they could accelerate the consumer to change to other (digital) products of them, from which they expect higher profits.