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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Metals : Silver demand in China and India is set to rise 30 pct in 2011 .

Posted on 02 May 2011

Silver prices for July delivery surged $1.058, or 2.2 percent, to $48.599 an ounce. Silver prices have risen 5.5 percent this week and 57.1 percent in 2011.
China said its net imports of silver nearly quadrupled to more than 3,500 metric tons in 2010, boosted by sharp increases in demand by the industrial sector and the jewelry industry……………………………………….Full Article: Source


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