The precious metal Silver has many important uses in the modern world. Unlike gold Silver does not get much of media’s attention. This year Silver has jumped 47% beating gold which has risen 27% so far. Earlier this week the price of Silver rose 7% to reach $21 an ounce according to a news report.
I recently came across the below infographic showing the many uses of Silver. Like myself, many people may not be aware of the incredible uses listed here.
Click to enlarge
Source: 21 Incredible Uses for Silver, Bullion Vault
Related ETF:
- iShares Silver Trust (SLV)
Disclosure: No Positions