Silver’s History
The history of silver takes us back to the Mesopotamian Civilization in 700 B.C. From then it has been used by man for making different items for both commercial and house hold purposes.
Silver was introduced to the U.S monetary system in 1792, and gained an important role in the countries economy.Silver was used to produce the coins in the U.S until 1965 when it was no more continued. As a form of raw materiel silver was introduced to the industry in the 20th century.
Presently both domestic and industrial field uses silver widely. All different kinds of products are produced from silver, both commercial and domestic. Silver is used from electronics to jewelry. Silver is a mode of investment too, for many people. People in some countries like India, buy Silver as good fortune.
Silver is found in plenty and is less expensive, compared to other precious metals like the gold or the platinum. Peru, Mexico, China, Australia and Chile are the words largest producers of Silver. Silver is mined directly for the use as silver, or silver is mined as a byproduct of gold, copper, lead and zinc mining, and silver is also used in photographic materials for developing pictures. The largest silver producing countries upto the year 2006 are:
1. Peru about 111.6 million ounces.
2. Mexico about 96.4 million ounces.
3. China about 75.4 million ounces.
4. Australia about 55.6 million ounces.
5. Chile about 51.5 million ounces.
Silver was the next sacred metal after Gold in ancient times. Silver due to its ductility, was mainly used to produce ornaments and jewelry in the ancient times, it was also used to produce utensils and other house hold items. As silver is a good conductor of electricity it is widely used in the electronics industry. Silver can be found in many electronic items. Even today gifts of silver are given as a symbol, of trust, love, and wisdom in many cultures of different countries.
Short Description: The history of silver takes us back to the Mesopotamian Civilization in 700 B.C. From then it has been used by man for making different items for both commercial and house hold purposes.
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