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Reuters reported that India’s silver imports could fall up to 27% in 2012.
Reuters reported that India’s silver imports could fall up to 27% in 2012.
As quoted in the market news:
The federal government, in its annual budget in March, kept the import duty on silver unchanged at 5 percent on value. It abolished the excise duty on silver, often considered as poor man’s gold. Silver prices have risen 112 percent since 2009.