Silver prices surged 14% so far this year
Silver prices have gone up by 14 per cent so far this year. Its demand has been driven by industrial use in growing sectors like electronics and solar power. According to the World Silver Survey, demand from the solar panel industry surged 139 per cent over the past decade, but supply is struggling to keep up, with mine production down some 7 per cent. Eugene Chow with more.
Silver prices have gone up by 14 per cent so far this year. Its demand has been driven by industrial use in growing sectors like electronics and solar power. According to the World Silver Survey, demand from the solar panel industry surged 139 per cent over the past decade, but supply is struggling to keep up, with mine production down some 7 per cent. Eugene Chow with more.