In February, India's silver imports skyrocketed by 260%, reaching a record high, largely from the UAE due to lower duties. With imports expected to rise by 66% this year, India, the largest silver consumer globally, may influence international prices, which are already near three-year highs. Increased demand stems from various sectors, including fabrication and solar industries, as well as investment purposes.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.