Silver Market Price Retains Bullish Growth Rate in 2011 According to Merchant Research & Consulting, Ltd.

Aug 5th, 2011

LONDON - Silver market has been demonstrating a significant boom in performance lately. Silver and gold both tend to gain value in the times of market sentiment and uncertainty. Silver price has skyrocketed since the beginning of 2011. The key factor behind the development is the bulky investor’s interest in the metal. Scrap silver recycling and processing is also booming today in the conditions of rising prices.

The industrial application areas of silver are almost as large as that of investing industry. The metal is an attractive and useful asset and a number of industries’ demand makes up around 46% of the consumption on the global silver market. The most prominent and potentially sustainable field here is solar industry.

Detailed analysis and outlooks for global, regional and country markets of silver can be found in the new market research report Silver Market Review that covers information on the present landscape, historical background and future forecasts for the markets and addresses all-covering data showing silver capacities, production, consumption, trade statistics, and prices in the recent years (globally, regionally and by country).

Report Details:

Silver Market Review
Published: February, 2011
Pages: 35

The report features comprehensive information on silver producers and suppliers, addresses data on silver production and consumption in the respective country, silver trade in the reviewed countries, silver prices. Silver market forecasts through 2016, including market volumes and prices, are also covered.

The study on silver has been prepared by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Silver Market Review” is included into the catalogue Metals, which also covers Aluminum, Antimony, Beryllium, Chromium, Copper, Iron and Steel, Lead, Magnesium, Mercury, Titanium markets.

 

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Merchant Research & Consulting Ltd.

Julia Hill, Sales Manager

Tel: +44 20 7558 8740

Fax: +44 (20) 7900-3970

E-mail: j.hill@mcgroup.co.uk