Silver Prices, Trend & Forecasts | Provided by Procurement Resource

Product Name- Silver
HS Code - 28431020
Chemical Formula - Ag
Synonyms - 7440-22-4, Argentum, 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 as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
 
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, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, 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 that mainly finds application in manufacturing coins, jewelry, and others. It is a shiny and soft metal with the highest electrical and thermal conductivity, making it a precious commodity. It is a naturally available metal in Earth's layer, produced mainly as a resulting product of gold, copper, leads, and zinc refining.

Silver has many applications; sterling silver comprises 92.5% of silver, with the rest of the portion comprising either copper or other metals. It is extensively used in making silver tableware and jewelry furthering the silver prices worldwide.

Silver is also used in manufacturing mirrors due to its properties, such as being a reflector of visual light. It also finds application in making electrical contacts and batteries, dental alloys, and solder and brazing alloys. Silver paint is also utilized in manufacturing printed circuits.

Silver contains antibacterial properties, due to which its nanoparticles are added to clothing to control bacteria from consuming sweat leading to unpleasant odours.

The worldwide leading silver producing are China, Russia, Poland, Chile, Bolivia, Australia, Argentina, and the United States.

Key Details About the Silver Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the silver price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Silver price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain 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 Impacting Silver Price Trend:

Industrial uses impacting silver price trend primarily include its application in electronics as it is primarily used in the production of membrane switches, electrically heated automobile windshields, multi-layer ceramic capacitors, conductive adhesives, silvered film, and the preparation of thick-film pastes.

Related Reports
Silicon Price Trend - https://www.procurementresource.com/resource-center/silicon-price-trends
Silicates Price Trend - https://www.procurementresource.com/resource-center/silicates-price-trends
Aluminum Price Trend - https://www.procurementresource.com/resource-center/aluminum-price-trends

Key Market Players:

Umicore N.V
American Elements
MMC Norilsk Nickel PJSC
Hindustan Zinc Limited
Korea Zinc Co., Ltd.
Yunnan Tin Group Company Limited (YTC)
Polymetal International plc
Pan American Silver Corporation

News and Events:

September 07, 2022- Silver prices have increased slightly ahead of the European open. Silver prices propelled 0.20%, making a profit.

September 07, 2022- Silver prices rose during Wednesday's early trade in India, with the commodity's prices moving upwards by INR 680 per kg to trade at INR 53,900.

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Reference Link: https://researz.com/silver-prices/

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

This release was published on openPR.