Fri, Mar 27, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Silver holds no charm for Indian buyers even at lower price

Posted on 08 May 2013

Silver in India, the poor man’s gold, is witnessing a reverse trend compared to the world market where a slump in silver prices has spurred demand.
In India, the demand for silver jewellery has dropped significantly and the investment demand for the metal has almost dried up despite the price falling to Rs 46,000 per kg. This may bring down the country’s import of silver by 12% to 2,200 tonne this year from 2,500 tonne last year………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39856 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031