Could Industry Completely Abandon the Use of Silver if Prices go to High?

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Substitution is possible when silver is used only for a general property (conductivity, reflectivity, corrosion resistance), so industry will replace it where alternatives match performance.

Silver remains hard to eliminate where its unique combination of properties or small quantity per part make substitution impractical or uneconomic.

Even if prices spike, market responses (recycling, increased mining and byproduct recovery) and available reserves make total abandonment unlikely.

By: Tom Chandler- In my oipnion, silver used in industrial applications in electric contacts, and other industrial applications will not be abandoned..

Fifty (50) years ago I worked at a factory in Connectocut where we made hundreds of silver bearing alloys, some for industry, some for the arts, and some for culinary (Flatware).
When the price for silver jumped dramatically in 1980 after the Hunt brothers attempted to corner the silver market and the price jumped over 700% , I witnessed the outcome.

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Silver tableware market was devastated, Where it was once common to give silver flatware for wedding gifts , the outcome was fast with flatware cost jumping from hundreds per set to thousands.
On the other hand, silver and silver alloy used in electrical contacts for switchgears and relays was nescessary in most applications and the overall cost increase to the component assembly was not significant as the unit may only use ounces of silver
Silver was a major component in a silver- cadmium -indium alloy used as nuclear control rods. This would not be easily replaced or substituted
Silver for jewelry saw a temporary dive.
Silver alloys for brazing just became for costly, but they were still necessary as the silver content affected the brazing temperature profile of the processes that coud not be replaced.
An offshoot of the high silver pricce resulted a major recycling binge.
- We saw old silver coins ( dollars) from US being remelted,
- People were selling thier old flatware gifts to scrap dealers for cash. that were remelted into sivler items for indistrial applications
- People wearing silver chains on their neck were being attacked on the streets on NYC where thr thieves could sell the stolen silver to the market on 42nd street.