SILVER AG47

The "little brother" of gold.

Silver was already used by the ancient Greeks, Romans, Egyptians and Germans. Because it is the metal with the best electrical conductivity as well as the highest light reflection, silver has gained new importance in the manufacture of a range of high-tech applications. Thanks to these properties, silver is particularly widely used in semiconductors and electrical contact points (e.g. batteries). According to 'The Silver Institute', the demand for silver for printed and flexible electronics is expected to increase from 1,500 tons (2021) to around 2,300 tons in 2030.

Special features: Highest electrical conductivity
application areas:Jewelry & Silverware, Photography, Electronics, Hard Alloys, Catalytic Converters, Mirrors, Solar Panels, Batteries, Plasma Displays, Water Treatment, ETF, Coins
Future Technologies:Conductive pastes, nano-silver, silver-zinc batteries, silver catalysts

PROPERTIES

VALUE

item category

precious metals

thermal conductivity

61.7 10⁶ kg/m³

electric conductivity

429 ppm

density

10.49 kg/m³

melting point

1.235°C

2.435°C

boiling point

Silver has many valuable properties: it has the highest electrical conductivity of all metals, high thermal conductivity and a pronounced optical reflectivity. This makes it predestined for applications in the electrical, electronics and optics sectors.

Alongside gold and precious stones (e.g. diamonds), silver is an important material for the production of jewelry and has been used for centuries for exquisite cutlery (silverware) and sacral implements of lasting value. The silver content of jewellery, everyday objects and bars can be read from the hallmark, if indicated. It is also in great demand for musical instruments, as its density gives it a nice, warm sound, it is easy to work with and e.g. B. replaces the sensitive wood of the flute. Due to its technical properties - highest electrical conductivity, high thermal conductivity and a pronounced optical reflectivity - it is predestined for applications in electrics, electronics and optics. The antiseptic properties open up a wide range of applications, e.g. B. in medical technology.

Similar to gold, the price of silver can be influenced by a variety of factors, including economic conditions, geopolitical events, and supply and demand dynamics. Below are some trends that have influenced the price of silver in the past: Industrial Demand: Unlike gold, silver has many industrial applications, such as in electronics, solar cells, and medical devices. As a result, demand for silver can be heavily influenced by industrial and technological advances. When there is high demand for these products, the demand for silver increases, which can drive up its price. Economic Conditions: Similar to gold, silver is also considered a safe haven, which means investors can buy silver to protect themselves from economic uncertainty or inflation. During times of economic instability or recession, demand for silver tends to increase, which can drive up the price. Strong USD: Like gold, silver is priced in U.S. dollars, so a stronger dollar can make silver more expensive for investors in other currencies, which can reduce demand and depress prices. Conversely, a weaker dollar can increase demand for silver and drive up prices. Supply Dynamics: The supply of silver can be affected by factors such as mine production, recycling, and government policies. A decrease in silver supply can drive prices up, while an increase in supply can drive prices down. Overall, the price of silver is subject to a variety of complex and interrelated factors, and its movement is difficult to predict in the short term. However, investors and analysts often look to economic indicators, industrial demand, and supply dynamics for insight into future silver price movements.