Silver Still to Face Short Term Hurdles on Global Growth

CNBC reported that, while the consensus of a number of analysts is that silver will outperform gold in the long term, it may experience more difficulty in the short term, because of its vulnerability to the state of economic growth, linked to its industrial uses.

As quoted in the market report:

The metal is more vulnerable to global economic weakness – especially in China and Europe – because of its use in industry, Strachan and Jessop added. Industrial use accounts for almost half of silver demand, compared with just 10 percent of gold.

To view the whole CNBC report, click here.