Silver is a vital component in the solar energy sector. Solar power generation is expected to nearly double by 2025 and that’s bullish news for the silver market, according to a report highlighted in the latest edition of the Silver Institute’s Silver News.
The Silver Institute commissioned a report that examines trends in solar power generation and provides regional perspectives on future demand for solar installations. The report maintains that a combination of global efforts to reduce fossil fuel reliance, legislation to lower carbon emissions, and favorable government tax policies, should result in a continued expansion of solar panel installations over the next decade.
If you have ever handled gold leaf, you know it’s pretty thin. Paper-thin, in fact. But did you know we can go thinner?
In fact, scientists can take gold and silver into two dimensions. Sounds crazy, eh? Like flat earth or something. But the research team of Ulrich Starke and his former doctoral student Stiven Forti have successfully created a gold layer only a single atom thick. It’s two-dimensional gold, so to speak.
Silver prices are expected to rise in 2020 with macroeconomic and geopolitical conditions remaining broadly supportive for precious metals, this according to a report highlighted in the latest issue of the Silver Institute’s Silver News.
Silver investment in three major categories is up so far this year, according to a report highlighted in the latest edition of Silver News.
Silver held in ETFs hit an all-time high this year. Year-on-year through mid-August, 736.9 million ounces of metal were held in silver-backed ETFs. Meanwhile, global mint silver bullion coin sales rose 30% year-on-year through July.
If I mention a “green metal” you might think of copper due to its propensity to turn green as it oxidizes. But as it turns out, silver is a “green metal” as well – green as in environmentally friendly. In fact, silver is playing an increasingly large role in efforts to protect the environment.
As you probably know, silver is an important component in the solar energy industry. Now scientists have discovered that silver works better than copper as a catalyst to transform greenhouse gas. This story was highlighted among other technological innovations using silver in the latest edition of the Silver Institute’s Silver News.
Thanks to gold, you may see even sharper images on your smartphone, computer and television screens the future.
We’ve seen tremendous advances in high-resolution technology over the last decade or so. Modern smartphone displays pack millions of pixels in a few inches of space giving us crystal clear images. But researchers at Cambridge University have created even smaller pixels using gold nanoparticles.
This is another in a long list of technological innovations using gold that researchers have developed over the last several years.
Not too long ago, CNBC commentator Jim Leventhal said he had no interest in gold because it has “no uses as a metal.” Of course, this comment is utterly absurd. It goes to show that just because you have an MBA doesn’t mean you have common sense. After all, anybody with an ounce of common sense knows that there are hundreds of uses for gold. In fact, the demand for gold in industry and technology is growing steadily.
Here’s just one example – scientists have discovered a way to use gold to keep your glasses from fogging up.
Overall, gold used in technological applications grew 1% to 85.3 tons in the third quarter. That marked the eighth consecutive quarter of year-on-year growth. Strong demand in the electronics sector helped drive overall industrial and tech demand for the yellow metal higher.