1. Silver Has Real-Life Industrial Applications Dr. Prahlad Chowdri argues that while gold is valued and priced significantly higher than silver, the latter has several real-life applications, giving it an edge over gold.
Accordingly, Dr. Chowdri explains that silver has numerous industrial applications, including solar panels, normal lead-acid batteries, electric conductors, mobile handsets, computers, and eclectic conductors, to name a few.This adds to its value as a precious metal. The above study also shows that no other precious metal has been able to replace silver in these industrial applications, making it virtually indispensable in these industries.
Ann: Proposed issue of securities - RIE, page-9
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