Silver Use in Solar Panels Cut Amid Higher Prices, UBS Says
December 07, 2011, 4:03 AM ESTBy Nicholas Larkin
Dec. 7 (Bloomberg) -- Silver usage in solar panels has been “cut back substantially” in response to higher prices this year, according to UBS AG.
“We still do not rule out another attempt at $50 an ounce in 2012, but it takes a brave investor to stomach what can only be a nerve-wracking, bumpy ride,” the bank said today in an e- mailed report.
To contact the editor responsible for this story: Nicholas Larkin at nlarkin1@bloomberg.net
