Silver paste is used in the automotive industry.
What are the properties of silver metal in various industries?
Silver is a chemical element with the symbol Ag and atomic number 47. Silver is a soft, white, shiny transition metal with the highest electrical-thermal conductivity and metallic reflection. It is found in the earth's crust as a pure, free element, alloyed with gold and other metals, and in minerals such as argentite and chlorite. Silver is mostly produced as a by-product of the refining of copper, gold, lead, and zinc.
Unlike copper and gold, the energy required to excite an electron from the d-band charged to the s-p band in silver is large enough (about 385 kJ / mol) to no longer correspond to the absorption in the visible region of the spectrum. Hence silver is not a colorful metal.
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What are the uses of silver metal?
It is used professionally in solar panels, water purifiers, jewelry, decoration, silverware, electrical fittings, and conductors, mirrors, window coverings, and chemical reactions. And a combination of photographic and X-ray films is used. Dilute solutions of silver nitrate and other compounds of this metal are used as disinfectants and microbiocides and are added to bandages and dressings, catheters, and other medical instruments.
In the presence of sulfur, silver stains in the air and forms black silver sulfide (copper instead forms green sulfate, while gold does not react). Unlike copper, silver does not react with halogens except fluorine gas, with which it forms difluoride. The metal is not attacked by non-oxidizing acids but dissolves easily in concentrated sulfuric acid as well as dilute or concentrated nitric acid. In the presence of air and especially in the presence of hydrogen peroxide, the metal dissolves easily in aqueous cyanide solutions.
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How is the Silver Market in the Middle East?
Almost all of the gold mined in the world is either donated to gold bullion investors every year or used in jewelry. Gold jewelry is quasi-investment in nature and is used as a kind of investment and a kind of savings in many cultures and countries. Less than 10% of the annual consumption of gold is allocated to non-jewelry products.
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What are the factors affecting the price of silver?
In a free economy, the price of each asset is the result of the supply and demand of that asset. For this reason, to study and analyze the silver market, we must pay attention to the factors affecting its supply and demand in the world. Despite a long history of silver mining, its production and reserves are relatively limited.
Silver as a commodity in the industry.
Approximately 50% of the annual supply of silver is used in industrial applications such as electronics, solar energy and pharmaceuticals, and medical equipment. The higher the economic growth of countries, the higher the demand for silver industrial consumption. There is a direct relationship between the economic growth of developed countries and the price of silver.
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What are the uses of silver metal in various industries?
Silver in jewelry and accessories
The main use of this metal, in addition to coins, has been in general use throughout the history of jewelry making and other items, and this issue continues. Examples include silverware, which is very suitable due to its antibacterial properties. Because pure silver is very soft, it alloys more with copper.
Some silver compounds, such as nitrogen azide, amide, acetyl, oxalate, and silver (II) oxide compounds, are highly explosive; they can explode on heating, impact, light, and sometimes spontaneously. To prevent the formation of such compounds, ammonia and acetylene should be kept away from silver equipment.
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What are the attractions of the silver futures market in Western Asia?
Silver is a relatively unique commodity; because this precious metal is traded both as a safe commodity in the market and as a consumer product in industry in a wide range (electronics, solar panels, laboratories, etc.). Silver is very similar to gold because it is a precious commodity. However, silver has more of an industrial base than gold.
Thus, the price of silver is determined by a combination of more diverse factors than the price of gold, which is mainly influenced by industrial demand. Silver is one of the most widely used commodities due to its unique physical properties (best conductor of electricity and heat), so industrial demand and its changes must be considered when predicting the price of silver.
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Forecasting Silver Price in The West Asia
The silver market has attracted a lot of attention in 2021, and according to mainstream retail investors, it is a precious metal that will be monitored in the new year by the investors who have been waiting a long time for silver to finally reach its credit and surpass gold. For the consecutive fifth year, retail investors consider gray metal as the premier asset in the precious metals sector.
Low interest rates, a weakening US dollar, and rising inflationary pressures are driving gold and silver, both of which are seen as monetary metals. However, the improvement in economic activity next year will add another pillar to support silver.
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Silver paste production for the first time in the Middle East
An Iranian company is the first company to produce silver paste in the Middle East and has a production capacity of 6 tons per year, which is worth 300 billion rials, and this amount of production prevents the annual outflow of more than 4 billion dollars of foreign currency from the country.
To dry silver powder this need is felt it was possible that after the research and research done by the practical and research team of this company, we came to the conclusion that we should design and produce this device, and so far this device has no internal or external samples.
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