Danish jubilation over silver as Pandora shares rise

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Danish jubilation over silver as Pandora shares rise
Photo: Tobias Österberg/TT

The fall in silver prices is having a positive effect on Danish jewelry giant Pandora. After rising 5 percent on Friday, the share price was up a further 8 percent during Monday's trading on the Copenhagen Stock Exchange.

Silver is the precious metal the company uses most in its jewelry. When the price of silver falls, Pandora's production costs also decrease.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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