| Silver usually keeps its sheen even when gold prices drop. However, in the past two years, silver prices have fallen sharply compared with the yellow metal. Traders have used this as an opportunity to stock up silver. In 2014, silver imports reached a record high of 6,842 tonnes, an 18 per cent increase over the previous year, according to GFMS Thomson Reuters data.
In value, however, the import bill fell, owing to the decline in silver prices. Silver imports in 2014 were worth $3.46 billion compared with $3.64 billion in the previous year. Silver prices fell 24 per cent in 2013 and another 15 per cent in 2014 in Mumbai...............................................Full Article: Source
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