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There have been signs of improvement in industrial demand with semiconductor billings recovering in January globally but weakness persists in Europe and Japan.

06 Apr 2013

LONDON (Commodity Online): Reading between the lines in a Barclays report on precious metals, silver investment demand needs to grow further this year to reduce the risk of price fall as there is a possibility of market surplus for 2013.

There have been signs of improvement in industrial demand with semiconductor billings recovering in January globally but weakness persists in Europe and Japan.

Silver has endured the most downside pressure, which is unsurprising given the weak industrial demand and mixed investor interest.

Silver ETP flows have also kicked off April on a weak note, with outflows of 26 tonnes following inflows of 734 tons in Q1 13.


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