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India's silver imports plunge to over three-year low in May, curbs and higher duties hit inflows
India's silver imports slumped to their lowest level in more than three years in May after the government tightened restrictions on imports of the precious metal and raised duties, according to official data, reported Reuters.
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economictimes.indiatimes.com
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pc
During May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contrast, silver imports fell steeply by 86.65…
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thehindubusinessline.com
India’s silver imports plunge 87% in May after government curbs
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.
