Silver has been a standout performer among metals this year, driven by increased use in coin production and improving industrial demand and while prices have dropped off recently, the long-term outlook is strong. SILVER PRICES NEARLY doubled between January and April, pushed ahead by inflation concerns, the European debt crisis and unrest in north Africa and the Middle East. Analysts at Fat Prophets said: "In terms of its monetary metal status, silver's price performance lagged gold for many years, but made up for this with abandon in recent months. "Resurgent investor demand for silver has in a large part been driven by its lower price, which creates a perception of better value. 'As a consequence of this, the underlying mix of investors driving that demand is different in comparison to gold."
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