Silver: Relationships

Every element and industry that Silver is linked to, and how. Each pair has its own card explaining the relationships between the two.

• Gold: Silver trades as the cheaper, more industrial cousin of gold: their prices share the same monetary drivers, part of the world's silver is mined alongside gold, and India is a top buyer of both for jewellery and savings. (researched)
• Copper: Most silver is a by-product of base-metal and gold mining, with copper mines such as KGHM's among the largest sources, and both metals depend on electrical and solar demand. (researched)
• Lead: Lead-zinc mines are the largest single source of the world's silver, and the silver is recovered in lead smelting and refining, so silver credits often make lead mines pay while lead output decides much silver supply. (researched)
• Autocatalysts: Their prices have moved together.
• Building materials: Building materials depends on silver.
• Chemical process catalysts: Silver is a raw material for chemical process catalysts.
• Computers and electronics: Computers and electronics depends on silver.
• Electrical equipment: Electrical equipment depends on silver.
• Ethylene oxide: Their prices have moved together.
• Other and primary batteries: Their prices have moved together.
• Platinum: Their prices have moved together.
• Semiconductors: Semiconductors depends on silver.
• Solar photovoltaics: Solar photovoltaics needs silver.
• Tin: Their prices have moved together.