Silver Prices in Lebanon
Lebanon is an Asian country on the shores of the Mediterranean Sea with a history of several thousand years of civilization. Silver as one of the seven ancient metals in most human cultures. Precious stones, fertilizers, salt, iron ore, and cement are major mineral products of Lebanon. Many Factors Affect the Price of Silver In West Asian Markets. Roads, Rail, Sea and Air are main transition ways in Lebanon. Annual supply of silver is used in industrial applications such as electronics, solar energy and pharmaceuticals, and medical equipment
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Lebanese has a stable economy but now with almost low growth. Silver is used in solar panels, water purifiers, jewelry, decoration, silverware, mirrors, window coverings. Road, rail, sea, and airlines between Lebanon and the countries is examined as a key infrastructure for the delivery of goods and commercial cargo. The price of silver metal is the result of its supply and demand of that asset in Middle East market
- Lebanon Gold Market
- Lebanon Zinc Market
- Lebanon Aluminum Market
- Lebanon Copper Market
- Lebanon Steel Market
- Lebanon Silver Market
For example, 24 carat gold is pure gold with at least 99.9% gold and 18 carat gold is composed of 75% gold and 25% other metal. Pure gold is not suitable for making most items because of its softness, so most of the gold used in jewelry is not pure gold, and goldsmiths add copper and silver to make it into jewelry. It can be made by lowering the grade.
Read More ...Lebanon is an Asian country on the shores of the Mediterranean Sea with a history of several thousand years of civilization. The region was one part of the Levant and became an independent state after the collapse of the Ottoman Empire. The majority of the population is Muslim. Several tribes are living in Lebanon. About 30% of the country's population is Shiite.
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