Demand for silver support prices until the end of 2013

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Demand for silver support prices until the end of 2013 – A few days ago the U.S. Mint has confirmed that sales of silver coins ” American Eagle ” has exceeded sales of coins just last year, when it is necessary to take into account that before the end of the year there are still six weeks, and then will set a new sales record of this silver coin .

Thus , it is expected that the results of 2013 the sale of the silver coin ” American Eagle ” will amount to 40 million ounces from 34 million ounces sold in the past in 2012 amid global demand for silver is only 5% , but if we consider that ten years ago there was not even such sales , it becomes apparent growing interest among investors to acquire precious metals in physical form. Over the last ten years there has been an incredible leap of interest among private investors to buy bullion coins of gold and silver .

Growing demand for silver coins is observed this year not only in the United States . In October this year, it was announced that for the first six months of 2013 in India was imported 130 million ounces of silver. Such a sharp increase in demand for silver in this Asian country is associated with the restriction of imports of gold, which is why importers are shifting their attention to silver.

More than 50 % of global demand for silver falls on the industry , another 20 % is used for the production of jewelry and general merchandise , such as cookware. The rest of the demand is for investment. When considering the demand for silver and its price is the most important factor in the global economy in general, and especially the situation in some industries , of which is a very important solar energy , as it is in the production of solar panels silver plays an important role .

After the fall of the demand for silver in 2011 , many observers believe precious metals market , global demand for the precious metal has recovered and is expected to grow further. It is important to remember that the price of silver in many cases is not sensitive to sudden changes in demand, as in the production of many items it is used very often in small amounts that will forever leave the silver market . It is a fact that the price of silver is constantly changing, while industrial demand for silver has remained virtually unchanged, and only slightly increased in recent years.

In many cases, the silver is more versatile and popular industry for metal than copper . When the global economy will be truly on the road to recovery , the long-term growth of profitability of silver may considerably exceed the yield of gold.