Procurement Resource Evaluates the Price Trends of Silver in its Latest Insights and Dashboard
Posted on 5 August, 2022 by Jolie Alexa
Procurement Resource Evaluates the Price Trends of Silver in its Latest Insights and Dashboard
Price Trends of Silver in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market 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; customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Silver 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.
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Product Description:
Silver is a chemical element with the symbol Ag and the atomic number 47. It is a gleaming, silky, white transition metal with the highest electrical, thermal, and reflectivity of any metal. In its pure, elemental form, the metal can be found in the Earth's crust, as an alloy with gold and other metals, and in minerals like argentite and chlorargyrite. Much of the silver is generated as a derivative of copper, gold, lead, and zinc refinement.
Regions Covered to Evaluate Silver Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Silver Price Trend:
Silver has been used in jewellery, dinnerware, and fine art for thousands of years due to its physical strength, brilliance, malleability, and ductility (it can be squished or pulled into shape). Silver's conductivity (the highest of any element for electricity and heat), and its light sensitivity and antibacterial properties, are used in industrial applications. Light-sensitive halide crystals are made from silver nitrate. Consumer photography, graphic arts, and radiography (x-rays), both in medicine and in the industrial inspection of heavy machinery, are all part of this industry.
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:
Pan American Silver develops conductivity at the La Colorada Skarn venture on May 9, 2022.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing 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.
Contact Us:
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Contact Person: Jolie Alexa
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Reference Link: https://takeitcool.com/price-trends-of-silver/