Silver is important not only in photography

Silver as an investment vehicle or silver in connection with electronics, with the automotive industry or the photovoltaic sector, all this is well known. Silver also performs well in the medical field, in nanotechnology or in 5G technology. But silver is also back in demand in photography, for example in photo books made on traditional silver halide. And another aspect comes into play, the growing online shopping requires a clear, accurate image of the item for sale. Photographers, in order to be able to present an item accurately and professionally, build so-called photo boxes or light tents. This is because perfect lighting can be achieved with them. The object to be photographed is placed in a container, the inside of which is coated with silver particles. These scatter the light evenly.

In the coming years, however, photovoltaic technology is expected to account for the largest share of growth in industrial demand for silver. If the precious metal fell to around 12 US dollars per troy ounce at the beginning of the pandemic, the price has recovered. It still lags somewhat behind its big brother gold, but the increasing industrial use of the metal should lead to higher prices. There is also the effect that a rising gold price also pulls the silver price up. And many gold experts are betting on a rising gold price right now. If interest rates do not rise any further, silver in particular could prove to be a good opportunity for investors.

Silver companies should not be ignored either, for example MAG Silver. Its main project is the Juanicipio silver mine in the Fresnillo Trend in Mexico.

MAG Silver – https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ – owns 44 percent of the project. There are other high-grade properties in North and South America.

Discovery Silver – https://www.commodity-tv.com/play/silver-special-supply-and-demand-out-of-balance/ – also operates the Codero silver project in Mexico. This already has a positive preliminary feasibility study.

Current corporate information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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