| Silver imports into India, the biggest consumer of the white metal, are likely to decline up to 27 percent this year on expectations of volatile prices, despite import duty remaining unchanged, the head of the country's biggest bullion importer said.
Sunil Kashyap, head of Asia at Scotia Mocatta, a unit of Bank of Nova Scotia, said investors in India were averse to steep and volatile changes in prices of silver, which could dent imports...............................................Full Article: Source |