Industrial demand for silver should rise in both 2013 and 2014, due to improving outlooks for the auto industry and the manufacturing sector, after it declined this year, GFMS, a metals research firm and Thomson Reuters unit, said on Tuesday.
Silver’s use in industrial applications is expected to gain nearly 7 percent to 484 million ounces in 2013 and an additional 6 percent to a record 511.6 million ounces in 2014, GFMS said in a report Thursday for the Silver Institute, a trade group………………………………………Full Article: Source