Precious Metals

IBTimes reported that physical silver is in high demand leading up to India’s Diwali festival.

IBTimes reported that physical silver is in high demand leading up to India’s Diwali festival.

As quoted in the market news:

India could import 250-300 tonnes of silver during the quarter, Prithviraj Kothari, president of the Bombay Bullion Association, said earlier. Gold imports are seen rising 30-40 percent, traders said. There are more silver sales than gold and people are buying for “investment purposes”.

Click here to read the full IBTimes report.

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