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Wednesday, 08/21/2024 9:19:59 AM

Wednesday, August 21, 2024 9:19:59 AM

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China's high demand for silver is driving up prices and causing a supply and demand gap. Silver is used in many applications in China, including solar panels, electronics, and automotive components. In fact, China is the world's leading producer of photovoltaic panels. Demand from solar PV panel manufacturers in China is expected to increase by almost 170% by 2030, which could account for one-fifth of total silver demand. $PHYS

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