Countries Around The World Focus On Expanding The Solar Energy Industry, Prompting A Surge In Silver Demand
The Consumer Confidence Index of the first half of July published by the University of Michigan was 80.8, which was lower than the previous month’s 85.5. The US inflation data further increased market panic, and the strong US dollar index put pressure on the precious metals and silver taking up. The weekly gain fell to a shock of 25.69 US dollars. Under the global implementation of a carbon neutral policy, solar power generation is currently the focus of support for power policies in countries around the world, and conductive silver paste is the main material for solar cells. Conductive silver paste accounts for 10% of total silver demand, which has greatly increased the demand for silver industry. . In the context of the sustained and rapid development of solar energy in the future, the medium and long-term growth potential of silver prices is promising.
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