Everyone is investing more and more money in solar panels, electric cars, electronics and other such things, but everyone forgets that the increase in the price of silver has a negative impact on the industry.
Higher prices, less profit.
Key Industries Affected
Renewable Energy: Silver is a crucial component in solar panels, and accelerating global clean energy adoption means demand in this sector is high.
Electronics & Technology: Its unmatched electrical and thermal conductivity makes it indispensable in semiconductors, 5G networks, and general electronics infrastructure.
Automotive: Electric vehicles require a significantly higher amount of silver per unit compared to traditional vehicles, primarily for their power systems and sensors.
Not yet, but we will probably see a negative impact after the first or second quarter results.
So, is anyone thinking in a long term and will do some stocks rotation?
Silver price increase is bad for Industries. Rotation is coming?
byu/SnooHedgehogs5162 instocks
Posted by SnooHedgehogs5162
4 Comments
I’m just curious. Does anybody happen to know how much silver is used in e.g. solar panels? Like how more expensive it’s gonna be per solar panal?
I know that 1g of gold is used for every 33 iPhones.
AI says that 20 grams of silver are used to make one solar panel.
According to a different source (not AI) in the year 2023, photovoltaics consumed 142 million ounces of silver, representing 13.8% of total silver usage worldwide,
wouldn’t the final cost end up on the consumer, not the manufacturer
It doesn’t make much difference. Because most of the price of a product doesn’t come from silver. Except if products are made entirely out of silver lol.