Commodity Trade Mantra

Posts Tagged ‘Investment Demand for Silver’

Silver Demand in India Slammed after Demonetisation

Silver imports by India, one of the world’s top buyers, will probably shrink this year to the lowest since 2012 as the government cracks down on black money, farmers struggle for cash & stockpiles remain ample. Purchases from overseas plunged 60% to about 3,000 metric tons last year & will contract further in 2017. Investment demand for silver will continue to fare badly too.

The Bruised Silver Bull Snaps Back - Triple Digit Silver Prices in Sight

The birth of a new cyclical bull market suggests the potential for a multi-year up move to come. Before it’s over, we are likely to see new all-time highs. The good news is that even after the impressive rally so far in 2016, silver prices remain relatively depressed. The upshot is that even if inflation doesn’t pick up from here, triple digit silver prices are well within reach during this bull market.

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