|Synonyms||7440-22-4, Argentum, Silver metal, Silver atom|
|Region/Countries for which Data is available||
|Currency||US$ (Data can also be provided in local currency)|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
Request for Real Time Silver Prices: https://www.procurementresource.com/resource-center/silver-price-trends/pricerequest
Silver (Ag) is a white, shiny, and lustrous chemical element with the atomic number 47 present in nature’s crust. It is a transition metal with a very high electrical and thermal conductivity as well as reflectivity. It is an alloy with gold and several other metals and minerals, including chlorargyrite and argentite. The highest amount of silver produced is through zinc refining or as a by-product of lead, gold, and copper.
The leading Silver producing countries on a global scale are United Kingdom, China, Mexico, United States, and Germany.
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 analysis, pricing database, and chart 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.
Industrial Uses Impacting Silver Price Trend:
The primary Industrial uses that impact the silver price trend include its use in the making of precious jewelry, coins and silverware, along with its use in electronic equipment, and dental fillings, among other uses. It is also applied in the production of photographs, solders, and brazing alloys.
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 22, 2022 – Prices of gold and silver were higher Thursday morning during U.S. trading. The rising concerns over the geopolitical state have provoked slight relief in demand and, later this week, are maintaining the speculative bears on the sidelines. Despite this, the bullish Federal Reserve is continuing to squelch the metals market. In October, the gold price rise was up USD 2.80, reaching USD 1,668.60, and in December silver price was high by USD 0.125, reaching USD 19.61.
We Provide Lots of Industries Reports With Full Analysis, For That You Should Visit Our Procurement Resource Website, Apart From This, We Also Provide the Latest Price Trends of Various Products Including almond prices and acetic acid price.
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.
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