If you take a quick look at the history of silver, you can see that the importance of silver goes far beyond being just a precious metal that jewelers use to sell to customers who want to wear it. As a matter of fact, silver is not only beautiful, but it is also durable, convenient, has utility value, and is used within industries more than we realize.
Industrial demand for silver has grown consistently for the past three decades. This is due to the fact that because of
— which including its strength, malleability, and ductility, its also has unparalleled electrical and thermal conductivity, its sensitivity to and high reflectance of light, and its ability to endure extreme temperature ranges.
All of these factors are important aspects of many of today’s leading industries. Not only that, but silver is also used in numerous health care products because of the unique antibacterial characteristics that it possesses. The “Silver Bullet” is used by hospitals to prevent bacterial infections in burn victims.
Health care centers also use wound dressings that are layered with fabric containing silver for prevention of secondary infections. Finally, the medical universe is also studying silver a bit more closely because it is being tapped for its microbicidal qualities.
As you can see, silver holds great importance in the way our industries run. Many experts and scientists believe that . Silver looks to have unparalleled investment opportunity for the future.
Silver’s unique properties, which make it ideal and essential for global industry, create a situation where there is simply no substitute. In addition, silver prices at times have been extremely volatile, making silver an attractive investment and trading vehicle.
Right now – and probably many years into the future, silver is going to be and . It doesn’t matter that the rice of silver is volatile, it only matters that the way some of the world’s leading industries use silver, there will always be a huge demand for it.