Silver prices are influenced by both industrial demand and global economic trends. A major portion of mined silver is used in electronics, solar panels, and medical devices due to its excellent electrical and thermal conductivity. Though declining, silver is still used in traditional film processing in specific mining documentation and analysis.
Key Facts & Benefits
- Precious Metal: Silver is a highly valued precious metal used in both industrial and investment sectors.
- High Conductivity: It has the highest electrical and thermal conductivity of all metals, making it essential in electronics.
- Exploration and Investment: Silver is often a byproduct in the mining of lead, zinc, copper, and gold, enhancing the economic value of polymetallic mining operations.