India Silver Prices Rise While Metal Prices Drop Internationally

Mineweb reported that silver prices in India rose on investor demand, even though prices fell in other countries.

As quoted in the market news:

The white metal rose by $40.66 (Rs 2000) in one single day on Wednesday and has jumped to a 7-month high here, though it slid by 7% in the international markets later in the evening on the same day. Traders said investors have turned bullish on silver since the precious metal has posted an 18% gain in the last eight weeks.

Click here to read the full Mineweb report.