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While long coveted for use in jewelry, coins and utensils, #Silver is increasingly in demand for its industrial applications. Last year, about half of global silver consumption came from such use, including mobile phones, flat-panel TVs, #Solar panels and alloys and solders, according to data compiled by GFMS for the #Washington-based Silver Institute.

Read more at: http://www.bloomberg.com/news/articles/2016-05-26/miner-sees-silver-price-surging-ninefold-as-global-gadgets-boom