12.08.2013 - Why are Indians buying silver?
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 tons 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 tons is the second highest import figure of any month in the last 5 years...............................................Full Article: Source
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