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India’s secret affair with silver

Posted on 13 August 2013

Perhaps it is not terribly surprising to learn that recent silver demand numbers from India have set records. While gold still seems to be the typical precious metal of choice in the United States, silver is clearly making waves abroad.
Indian silver imports are up a staggering 259% at 857 tonnes in the April-July time period. That amount is approximately one third of the global monthly production of silver. Furthermore, July’s Indian silver import amount of 275 tonnes is the second highest import figure of any month in the last five years………………………………………..Full Article: Source


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VRS - who has written 38515 posts on Opalesque Commodities Briefing.


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