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Fashion Jewelry nced increased demand
over the years. "People assume that if they have homeowners insurance. they're covered," Silver said. "But the truth of the matter is that you have to have addendums for every item, and when you have a loss and you have an appraisal that's 20 years old, they won't take into account that gold's gone through the roof since then and diamonds are a lot more expensive." 'I love what I do' After owning an appraisal firm for two decades, Silve.Fashion Jewelry r said there's nothing he'd rather be doing. "A lot of my friends hate their jobs," Silver said. "But I love what I do. Every day is different, every client's different and every piece of jewelry is different." Through the first half of this year, silver experienced increased demand for jewelry and important industrial applications, two signals of demand growth for this most versatile of metals.

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Silver jewelry, a mainst.ay of silver demand, was strong in the first half of 2015. In the U.S., imports of silver jewelry jumped 11 percent through the end of May, as consumer desire for silver jewelry increased significantly this year. The U.S. is the largest importer of silver jewelry, as measured in dollar terms, and this demand impacts silver trade across Asia. U.S. imports from Thailand are up 18.5 percent through the end of May while China showed an increase of 1.Fashion Jewelry percent in the same period. GFMS Thomson Reuters (GFMS), the precious metals consultancy, estimates that globally silver jewelry will grow 5 percent in 2015. With almost 60 percent of silver demand tied to industrial use, silver's role in industrial applications is looking brighter in several important areas. GFMS forecasts a 2 percent growth in industrial applicati.ons for silver this year. In the renewable energy industry sector, the demand for silver by solar panel producers is expected to increase 8 percent to 65 million ounces this year. The rise reflects increased solar cell production and a higher number of installations. The increase is due to the U.S., which had a 76 percent increase in solar installations in the first quarter of 2015 when compared to last year. China and India both have aggress.Jewelry for women ive solar installation plans and are expected help drive this projected growth as well. Silver demand from ethylene oxide producers is expected to increase to 8.6 million ounces in 2015, which would represent a 61 percent increase over 2014. Most of this increase will be driven by Chinese demand. Ethylene oxide is a vital building block chemical, critical in the production of plastics, solvents, and detergents and a broad range of organic chemicals, and represents one more example of the unmatched importance of silver in industry.
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