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India silver imports to be lower in 2011: Scotia Mocatta

Posted on 28 November 2011

Silver imports into India may be lower in 2011 as higher prices keep buyers at bay, an official of Scotia Mocatta said on Thursday. 2010 imports had stood at around 3030 tonnes.
Scotia Mocatta was chosen as the “Best Bullion Bank” for 2010-2011 by the Bombay Bullion Association. “Silver business is not that significant (by volume)…couple of months ago it was very good when prices had tapered off”, Rajan Venkatesh , Managing Director of Scotia Mocatta said………………………………………Full Article: Source


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