Silver Prices, Trend & Forecasts
Product Name: Silver
HS code – 28431020
Chemical Formula – Ag
Synonyms – 7440-22-4, argent, silver metal, silver atom
Currency – US$ (Data can also be provided in local currency)
Supplier Database Availability – Yes
Customization Scope – Our services can be customized according to customer’s requirements
Post-Sales Analyst Support – 360-degree post-service analyst support
Region/countries for which data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hong Kong, Singapore , Oman, Kuwait, Qatar, Australia and New Zealand
Europe: Germany, France, UK, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: USA and Canada
Latin America: Brazil, Mexico, Argentina, Colombia, Chile, Ecuador and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Request for real-time silver prices: https://www.procurementresource.com/resource-center/silver-price-trends/pricerequest
Silver is a precious chemical compound used primarily in the manufacture of coins, jewelry, and more. It is a lustrous and soft metal with the highest electrical and thermal conductivity, making it a precious commodity. It is a naturally occurring metal in the earth’s stratum, produced primarily as a result of gold, copper, lead and zinc refining.
Silver has many uses; Sterling silver is 92.5% silver with the remainder being either copper or other metals. It is used extensively in the manufacture of silverware and jewelry, raising silver prices worldwide.
Because of its properties, e.g. B. as a reflector for visible light, also used for the manufacture of mirrors. It also finds applications in the manufacture of electrical contacts and batteries, dental alloys, and solder and braze alloys. Silver paint is also used in the manufacture of printed circuit boards.
Silver has antibacterial properties, which is why its nanoparticles are added to clothing to stop bacteria from eating sweat, which leads to unpleasant odors.
The world’s top silver producers are China, Russia, Poland, Chile, Bolivia, Australia, Argentina and the United States.
Important details on the silver price trend:
Procurement Resource conducts in-depth price trend analysis to provide the monthly, quarterly, semi-annual and annual silver price information in its latest price dashboard. The detailed assessment deeply examines the facts about the product, price changes over the weeks, months and years, major players, industrial applications and drivers driving the market and price trends.
Each price record is linked to an easy-to-use 2014 graphics device that offers a range of functionalities; Adjust pricing currencies and units and download pricing information as Excel files to use offline.
The silver price chart, price database and analysis can prove valuable for purchasing managers, directors and decision makers to build their strongly supported strategic insights to drive progress and profitability in the business.
For more information click on the following link: https://www.procurementresource.com/resource-center/silver-price-trends
Industrial Uses Affect Silver Price Trend:
Among the industrial uses influencing silver price development is its application in electronics, as it is mainly used in the manufacture of membrane switches, electrically heated car windshields, multilayer ceramic capacitors, conductive adhesives, silver-plated foils and the manufacture of thick-film pastes.
silicon price development – https://www.procurementresource.com/resource-center/silicon-price-trends
silicates price development – https://www.procurementresource.com/resource-center/silicates-price-trends
Aluminum price development – https://www.procurementresource.com/resource-center/aluminum-price-trends
Important market participants:
MMC Norilsk Nickel PJSC
Hindustan Zinc Limited
Korea Zinc Co., Ltd.
Yunnan Tin Group Company Limited (YTC)
Polymetal International plc
Pan American Silver Society
News and events:
September 07, 2022 – Silver prices are up slightly ahead of the European Open. Silver prices rose 0.20% and turned a profit.
September 07, 2022 – Silver prices rose during early trade on Wednesday in India, with prices of the commodity rising INR680 per kg to trade at INR53,900.
Company Name: Sourcing Resource
Contact person: Jolie Alexa
Email: [email protected]
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
Reference link: https://researz.com/silver-prices/
Procurement Resource provides in-depth product pricing research and market insights for more than 500 chemicals, raw materials and utilities, updated daily, weekly, monthly and yearly. It’s a cost-effective one-stop solution for all your market research needs, no matter what part of the value chain you represent.
We have a team of highly experienced analysts who conduct extensive research to provide our clients with the latest and most updated market reports, cost models, pricing analysis, benchmarking and category insights that help streamline the sourcing process for our clients. Our team tracks the prices and production costs of a wide variety of goods and commodities, providing you with the most recent and consistent data.
To provide real-time facts and insights to help our clients, we work with a variety of procurement teams across industries. At Procurement Resource, we support our clients with current and pioneering industry practices to understand procurement methodologies, supply chains and industry trends so they can strategize to achieve maximum growth.
This version was published on openPR.