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Financial Post reported on the seasonality of silver trading and the outlook for the coming trading season.
Financial Post reported on the seasonality of silver trading and the outlook for the coming trading season.
The market news is quoted as saying:
Seasonality in silver is influenced by an increase in industrial demand during its period of seasonal strength. About 40% of silver is used industrially — in solar batteries, water purification systems, cellphones, circuit boards, plasma televisions and radio frequenty indentification devices (RFIDs). Growth in excess of 10% per year is expected to continue in these sectors.
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