UPDATE 1-Silver fabrication demand drops in 2002-CPM Group

Newswire

(Adds details, prices) NEW YORK, April 29 (Reuters) - Silver fabrication demand fell 3.2 percent in 2002 to 784.8 million ounces, reflecting less use in jewelry, silverware and photography, according to a study published by CPM Group on Tuesday. In its Silver Survey 2003, the precious metals research firm said it was the second straight year in which silver's use in fabricated products was lower. "The factors behind the decline included the overall weak international economy, and lower ...

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