5 August 2014 - Silver: 3 New Tech Uses to Grow 275% by 2018 |
- 5 August 2014 - Silver: 3 New Tech Uses to Grow 275% by 2018
- 5 August 2014 - Gold Ends Lower as Investors Anticipate Higher U.S. Interest Rates
- 5 August 2014 - BullionVault’s Gold Buyer Index Rises as Holdings Expand
- 5 August 2014 - 八月初黄金最好的买入时期
5 August 2014 - Silver: 3 New Tech Uses to Grow 275% by 2018 Posted: 05 Aug 2014 03:50 AM PDT From: http://goldnews.bullionvault.com/silver-use-080420141 SILVER USE in three fast-growing technologies could grow 275% over the next four years, according to new research. Produced for the Washington-based Silver Institute of international miners, refiners, wholesalers and manufacturers, the 22-page report notes that these newer uses of silver "might at first glance seem modest" compared to industry's total 15,000-tonne demand for silver per year. But looking at flexible screens, LEDs and interposers for stacking semi-conductor chips in electronics, London-based consultancy Metals Focus sees these 3 technologies together growing their annual silver use from 125 tonnes to 450 tonnes and more by 2018. "Although not 'new' technologies" in themselves, says Metals Focus, their application of silver "is yet to reach widespread commercial use." Indeed, it was the 4.5-fold surge in silver prices from 2009 to 2012 – caused by the financial crisis – which led mobile devices such as cell phones and e-readers to use other conductive ink materials, says a separate report from forecasting consultancy IDTechEx, focusing instead on using indium-tin oxide (ITO). With flexible displays now gaining market-share however, "ITO faces some critical drawbacks," notes Metals Focus' silver technology report, because it is a "brittle, fragile material". Using silver nano-wires instead can make the screen as flexible as the material supporting it, while in terms of visual performance, "95% transparency has already been achieved by some industry players." Putting the ink/paste component of the conductive screen industry's costs at $1.6 billion for 2014, IDTechEx sees the market growing 4.5% per year over the next decade. Touch screens employing silver in the conductive ink currently use some 18-20 grams per square meter on one estimate. Indium itself is primarily mined in China, whereas silver is mined worldwide. Forecasting company IHS believes sales of non-ITO touch screens could grow 300% in 2014 alone. According to David Jollie, precious metals analyst at Japanese trading house and London market-maker Mitsui, "Growth in tablets, smart phones and particularly touch screen monitors means silver demand could double here over the next decade, more than offsetting any weakness in silver demand from the photovoltaic [solar panel] sector." Global demand for LED chips (light-emitting diodes) is meantime set to reach 61 billion units this year, according to NPD Display Search, more than 250% above the level of only two years ago. Falling demand for LED chips in televisions and other smaller devices is being more than offset by outdoor use and general lighting. Pressured to boost energy efficiency further, the industry is increasingly using silver both to reflect light out of the module, and also in the bonding wire and adhesive layer needed to construct it. Metals Focus' third new silver technology, interposers, enable electronics manufacturers to "stack" micro-chips, saving space and boosting functionality. Connecting the different chips together, "Traditionally interposers have been made of silicon," says their report for the Silver Institute, but new demands means that material "is fast approaching its limit in terms of performance" and cost efficiency. Using silver is very early-stage yet, Metals Focus stress, and the metal does face competition from other solutions, notably copper. Starting however from a current annual estimate of only 15 tonnes, commercial roll-out "could in principal" see 10-20 times as much silver being used for interposer technology by 2018, "underpinned by strong end-use demand." |
5 August 2014 - Gold Ends Lower as Investors Anticipate Higher U.S. Interest Rates Posted: 05 Aug 2014 03:47 AM PDT Gold prices slipped Monday, as fears of a sooner-than-expected increase in U.S. interest rates overshadowed continued violence in Ukraine and Israel. Gold for December delivery, the most actively traded contract, settled down $5.90, or 0.5%, at $1,288.90 a troy ounce. A recent spate of strong U.S. economic data has revived investor concerns that the Federal Reserve may move to tighten monetary policy sooner than previously believed. A slight shortfall in July employment numbers was balanced by upward revisions for May and June, Labor Department data showed Friday, indicating that the U.S. economy continues on a recovery path. U.S. manufacturing, meanwhile, grew at its fastest pace in more than three years last month, and second-quarter economic growth came in above expectations, further bolstering the case for the Fed to increase interest rates. Higher rates would hurt gold, which struggles to compete with investments that offer yield. "Good economic data over the next few months are likely to put the subject of interest-rate hikes back on the Fed's agenda, which should reduce the relative attractiveness of gold and silver and preclude any sharp rises in price," Commerzbank CBK.XE -0.28%analysts said in a note to investors. Fed Chairwoman Janet Yellen said last month that interest rates would climb faster than the market expected if U.S. data continue to improve. Gold prices retreated 3% in July as investors shifted focus from simmering conflicts in Eastern Europe and the Middle East to the possibility of tighter monetary policy in the U.S. Some investors buy the metal as a hedge against political and financial turmoil, believing it will hold its value better than other assets. |
5 August 2014 - BullionVault’s Gold Buyer Index Rises as Holdings Expand Posted: 05 Aug 2014 03:37 AM PDT Gold investor demand showed signs of rebounding in July with holdings held by BullionVault customers rising to a record. The Gold Investor Index, a gauge of investor demand, rose to 51.9 from a four-year low of 51.2 in June and the first increase since February, according to BullionVault, an online service for investors to buy and sell gold and silver which started the index in October 2012. A reading above 50 indicates more buyers than sellers. Gold held by its customers climbed to 33.03 metric tons from 32.8 tons. Gold dropped 3.4 percent last month after rallying 10 percent in the first half of the year, a gain that outpaced broader measures of commodities, equities and Treasuries. While buying was fueled by tensions in Ukraine and the Middle East, U.S. growth reduced bullion's appeal as an alternative asset. "Various geopolitical blowups are starting to affect how some of the larger accounts see gold," Adrian Ash, head of research at BullionVault, said by phone today. "Those who are buying are buying in size." Customer gold holdings exceeded the previous peak of 32.9 tons in March 2013, according to the company. Silver holdings were "flat" for a second month after climbing to a record 462 tons in May. Zurich is the most popular spot to hold the gold, at 24.3 tons, with London at 6.7 tons, Singapore at 1.03 tons, New York at 0.7 ton and Toronto at 0.3 ton, Ash said. |
Posted: 05 Aug 2014 03:06 AM PDT From: http://gold.hexun.com/2014-08-05/167264807.html 和讯特约 因为季节性因素,黄金在夏季的走势通常并不讨喜。夏季被认为是黄金的季节性疲软期,自从1971年以来一直如此。特别是5月、6月和7月。 黄金季节行——月度涨跌率和月度均值(10年) 黄金传统的发力期是从8月初到秋季和早冬。因此,8月初一般是季节性下降后买入的好时机。 8月9月、11月和1月是黄金表现最好的季节。下面的图表显示从1975年到2011年黄金的月度表现。 由于强劲的实物需求,夏末、秋季和新年前是黄金市场季节性相对强的时期。这段时期在亚洲,因婚礼旺季、节日以及临近年底等原因需求尤其旺盛。此以外由于中国农历新年使得年底中国黄金股大涨。 自从1975年以来黄金走势最弱的月份是6月和7月(见下表)。在过去34年的大部分时间里8月初购买黄金一直是最好的时机,尤其是在过去的九年里,在夏季低迷期后的仅仅六个月中平均上涨近13%。 过去的25年里,这一时期,黄金表现超过标普500指数4.7%。 就近期而言,上周美国7月非农数据表现不及预期,但对市场影响力可能只是当晚,而本周市场焦点将会转向欧洲市场,周四晚将举行欧央行利率决议。上周四公布的欧元区7月CPI初值年率降至0.4%,低于六月的0.5%,已连续十个月小于1%,这显示欧元区通胀率已经降至金融危机以来的最低水平。欧央行认为,通胀率低于1%就意味着有通缩的风险,因此目前的通胀率已经进入了"危险区域"。欧洲央行目前正试图抑制通胀的下滑势头,以及提振疲软的经济复苏,意味着欧洲央行对实施进一步宽松政策的大门仍然敞开着。早前德拉基增有提及欧洲版QE,如果欧洲央行实施QE,毫无疑问的资本市场泡沫将进一步膨胀。从宽松政策对货币购买力的侵蚀和增加金融不稳定性两个角度来看,黄金都会受到支撑。[龙讯财经] |
You are subscribed to email updates from Home To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google Inc., 20 West Kinzie, Chicago IL USA 60610 |
0 Comment for "5 August 2014 - Silver: 3 New Tech Uses to Grow 275% by 2018"