Indian Silver Demand Drives Record Prices

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2024-11-02 02:39:06 - Translate -

A good monsoon season is expected to boost crop yields this year, pumping more money into the rural economy. This will likely drive stronger demand for both gold and silver. Rural silver consumption accounts for around two-thirds of total Indian demand. Record gold prices also boosted silver demand in India, particularly silver jewelry sales.
https://activistpost.com/2024/10/indian-silver-demand-drives-record-prices.html

A good monsoon season is expected to boost crop yields this year, pumping more money into the rural economy. This will likely drive stronger demand for both gold and silver. Rural silver consumption accounts for around two-thirds of total Indian demand. Record gold prices also boosted silver demand in India, particularly silver jewelry sales. https://activistpost.com/2024/10/indian-silver-demand-drives-record-prices.html

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Indian Silver Demand Drives Record Prices - Activist Post

Notably, this rally occurred after the Indian government cut taxes on gold and silver imports by more than half.

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