Commodity Trade Mantra

Posts Tagged ‘Physical Silver Buyers’

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 Indian Gold to Silver Investment Demand

Indian investors are opting to buy Silver as a temporary and cheaper alternative to Gold given that the government has been attempting to thwart gold imports with higher tariffs and other curbs.

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