As it was informed by "Market Leader (US)"
Silver continues its long-term bullish trend as manufacturing production grows in volume.
Silver has recently updated the high at $38.60 and keeps growing in price towards $40, a psychological level. The demand for silver is growing as the inflation pressure and geopolitical instability keep favoring it. However, the main driver of the global market of silver is the high demand for silver shown by manufacturing enterprises.
According to GFMS the demand for silver in 1990 was 273M ounces a year while in 2010 it reached 487M ounces a year. By 2015 the demand is expected to reach 665.9M a year. Tougher ecological requirements for industrial products increase the demand for silver as well.
According to the Department of studying Masterforex-V trading system :