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Bullets, Beans


Saturday, 17 December 2011

Silver demand growing with old and new uses

World industrial demand for silver could reach a record 665.9 million ounces in 2015 versus 487.4 million in 2010, according to a Gold Fields Mineral Services (GFMS) study for The Silver Institute, released in early April.

Electrical and electronics uses are major sources of demand for silver and were a record 242.9 million ounces globally last year, according to GFMS. Used in switches and contacts, silver is one of the best electrical and thermal conduits....more

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