Silver is needed to manufacture solar systems or for the sensors in wind turbines. Added to this is the demand from the field of electromobility. Silver is a key product for innovations. Silver scores with particularly good conductivity and corrosion resistance. It is also resistant to acids and alkalis. Silver paste is used in around 90 percent of all silicon photovoltaic cells, and these are the most commonly used solar cells. Silver is also used in catalytic converters and in electrical contacts. The metal and its price are therefore benefiting from industrial demand.

In terms of price, silver, like gold, has been able to gain recently. And the interest of buyers seems to increase when reaching the 20 U.S. dollar mark. After the price of silver went in the direction of 20 U.S. dollars in February, the precious metal has recovered strongly. For chart technicians, a price above 24.50 U.S. dollars per ounce of silver is the possibility for a further price breakout to the upside. The precious metal has just overcome this mark. Silver should not fall below 23 U.S. dollars; otherwise, further losses threaten. In addition to the physical investment, a look at silver companies is also worthwhile. Here, not only the largest in the industry, but also smaller, but perhaps all the more lucrative companies should be considered. By the way, the largest silver producing company is Fresnillo, operating in Mexico.

Here in Mexico, Vizsla Silver – https://www.commodity-tv.com/play/mining-newsflash-with-tudor-gold-vizsla-silver-and-trillium-gold-mines/ – owns the exciting Panuco silver-gold project. It is 100% owned by Vizsla Silver and it is scoring with the discovery of several new high-grade veins (recently, for example, with almost 19,000 grams of silver equivalent per ton of rock).

Tier One Silver – https://www.commodity-tv.com/play/silver-special-supply-and-demand-out-of-balance/ – also received excellent drilling results from its flagship project Curibaya. This is located in Peru, as are other projects of the company.

Latest corporate information and press releases from Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -) and Tier One Silver (- https://www.resource-capital.ch/en/companies/tier-one-silver-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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