India’s silver imports soar

At current levels the silver price is on the low side while gold’s price remains somewhat elevated, and as a result…

by Chris Marcus of Arcadia Economics

India’s silver imports soar

As the US dollar continues to rally, while gold and silver prices remain under pressure, silver imports into India have soared through the first 7 months of the year.

At current levels the silver price on the low side while gold’s price remains somewhat elevated, and as a result, many Indian customers have looked to silver as the better buy. And especially over the last 2 months, they’ve been importing a lot of silver.

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