Tag Archives: solar power

Increasing Demand for Silver by the Solar Energy Industry

Solar panel

Credit: Maxpixels

The US debt crisis and European economic woes have sent the silver trading industry into turmoil as prices kept on declining through much of August. Traders and investors are grappled with fear since the current crisis could cause a decline in demand for industrial silver. Another interesting point that has come forward is the growing inflation rate in China, hindering a country’s growth that has until now ceased further recession dips along with Brazil and other developing countries. Continue reading

Silver investment will continue to grow despite volatility

Silver is not gaining momentum, surely not after crashing from $50 per ounce to $32-36 per ounce. Things are not hunky-dory for the commodity, but according to experts, investors should stop greying their hair over the volatility of silver as even today, the precious metal is a good investment due to its extensive use in the industrial arena. Continue reading