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www.mexnepal.com FACTS AND FIGURES Volume: 5 • Issue: 1 • Year: 2013 A.D

Most Popular Blog Know Your Commodities

Most Emerging Economies Silver
Sign Most-Awaited Deal!
Introduction purchased as investments each year. The Major Silver Producers in
Looking into the major ﬁnancial crises the world has faced up to now, the silver maple leaf is legal tender, at $5 per the World
major reasons that can be identiﬁed are: un-securitization of the primary Silver is a white, soft, lustrous ounce, and there are many other silver coins
commodities and lack of mutual cooperation among the developed and transition metal, which has the with higher legal tender values. There are Mexico
undeveloped region in the world. There used to be G-8 up to few years highest electrical conductivity of some Canadian silver $20 dollar coins. Silver Peru
back which has upgraded to G-20, which means that the cooperation has any element and the highest thermal is legal tender in Utah, and can be used to China
been increasing and there are countries approaching the group of developed conductivity of any metal. Mostly, pay all debts. Australia
countries in the globe. But then, there always remained a problem of huge silver is produced as a by-product of Chile, Bolivia, United States
gap between the developed and undeveloped region due to lack of sufﬁcient copper, gold, lead and zinc reﬁning. Fundamental Facts
look-over to the undeveloped region by the developed one. Long back, this Silver has long been valued as a Major Applications
was the reason why Third World Nations concept came into existence and precious metal, and it is used to • The major producers of silver are Peru,
then BRICS (Brazil, Russia, India, China and South Africa) was formed make ornaments, jewelry, high value Mexico, China, Australia and Chile. Any • Industrial Applications
and is coming up strongly. tableware, utensils and currency news regarding the production patterns from • Jewelry
For the full version of the blog, please follow the link: coins. Silver is often considered as these countries affects the prices of silver. So • Coins and Medals
http://www.mexnepal.com/blog/Most-Emerging-Economies-sign- the “poor man’s gold” as it has been an investor should trace such developments • Photography
most-awaited-deal/ quietly climbing the investment and to determine the trading strategies. • Silverware
Posted on: 27th March, 2013 demand charts since its discovery • Dentistry
Start Blogging-Say it loud thousands of years ago. Its unique • United States, India, Japan and Italy
MEX encourages its valued members to come up with blogs and properties make it ideal for thousands are the most silver consuming nations in CONTRACT
articles related to futures market which would be posted in our website, of applications used in everyday life. the world. The demand patterns from these SPECIFICATION
accompanied with the member’s advertisements as well. The top three producers in the year countries are likely to affect the prices of
Mail your contents to media@mexnepal.com 2009 were Peru, India and China. silver. Name Silver
So start blogging and learn to market your company While looking at the consumption side, the Symbol SIL
largest consumer of silver is the United States • US Dollar and Euro are the major Contract Size 30000
Market Capitalization followed by India, Japan, and Italy. 75% of currencies affecting the prices of silver. Unit Grams
silver’s production comes from gold, copper, Price Quoted NPR/10 Grams
From January 2013 - March 2013 (in %) lead, and zinc mining which is why changes • Industry, decorative uses, photography Trading Hours 03:45 – 02:45
in these other industries have a large impact and jewelry accounts for 95% of annual Contract Months March(H), May(K),
Market Capitalization of all the commodities listed in the MEX on the price of silver. On the demand side, silver consumptions. July(N), September(U),
terminal. Small-gold had the maximum market capitalization followed silver (like most commodities) beneﬁts from December(Z)
by gold and silver. strong world growth, a weaker U.S. dollar,
and increasing use in electronic applications.
With so much of news available for precious
metal, investors are highly interested to trade
in this commodity.

Silver, like other precious metals, may be
used as an investment. For more than four
thousand years, silver has been regarded as a
form of money and store of value. However,
since the end of the silver standard, silver
has lost its role as a popular legal tender
in many developed countries such as the
United States. In 2009, the main demand for
silver was for industrial applications (40%),
jewelery, bullion coins and exchange-traded
products. Millions of Canadian Silver Maple
Leaf coins and American Silver Eagle are

Major Market Movers for Silver and Natural Gas

SILVER NATURAL GAS

840.00 350.00
820.00 300.00
800.00 250.00
780.00 200.00
760.00 150.00
740.00 100.00
720.00 50.00
700.00
680.00 0.00
660.00
2-Jan-13
14-Jan-13
18-Jan-13
25-Jan-13
1-Feb-13
14-Feb-13
26-Feb-13
8-Mar-13
27-Mar-13
28-Mar-13

2-Jan-13
11-Jan-13
1-Feb-13
22-Feb-13
1-Mar-13
14-Mar-13
21-Mar-13
28-Mar-13

Note: News Note: News
Opening Price as of 2nd January, 2013 Opening Price as of 2nd January, 2013
Date Prices went up amidst lower US dollar index Date Weak demand in the largest economy of the world, the US
01/02/13 Technical buying, supported by lower dollar index 01/02/13 Rising level of temperature in the largest consumer of Natural Gas, the US
01/14/13 Optimistic Outlook and hopes on the US debt deal 01/11/13 Decline in stock level and forecasted cold weather
01/18/13 Unprecedented quantitative easing by the US, supported by stronger Euro index 02/01/13 Problems in gas processing plant in Norway squeezed the supplies
01/25/13 Statement by the US treasury ofﬁcial concerning currency devaluation of G-20 nations 02/22/13 Forecasted cooler weather in the US
02/01/13 Fed’s statement on continuation of stimulus program 03/01/13 Supplies issues and expectation of cooler weather in the US
02/14/13 Optimistic US economic indicators and stronger dollar index 03/14/13 Closing Prices as of 28th of March, 2013
02/26/13 Cypriot Crisis and market sentiments towards precious metals 03/21/13
03/08/13 Closing Prices as of 28th of March, 2013 03/28/13
03/27/13
03/28/13

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