India’s silver imports fell 87% in May to a 3-year low after curbs and duty hikes, hitting volumes and potentially impacting global silver prices.
The fall in imports could impact global silver prices, as India meets over 80% of its demand through imports.
| Photo Credit:
Edgar Su
India's silver imports plunged
87% in May from a year earlier to their lowest level in more
India's silver imports plunge to over three-year low in May, curbs and higher duties hit inflows
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