Silver ETF Begins to Shine

Source:

...Shares Silver Trust ETF (SLV) has seen its rate of accumulation slow, but the addition of a silver ETF in the UK and Switzerland are turning the trend around, reports Jane Louis for Resource Investor.

...iShares Silver Trust ETF (SLV) has seen its rate of accumulation slow, but the addition of a silver ETF in the UK and Switzerland are turning the trend around, reports Jane Louis for Resource Investor. Demand for the commodity dipped somewhat with the advent of digital photography, as silver is a major component in developing film.

But there is still no shortage of other uses for the metal. Industrial applications are the main source of silver demand in the market, as it is a good thermal conductor, electrical conductor, batteries use it, along with water filtration systems.

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