demand for silver in India is driven by two factors. The first is low prices, which fell this year by almost 37%. The second is that more and more Indians are buying silver jewelry and coins as gifts for weddings and holidays instead of gold, the deficit of which is caused by government restrictions.
pearl necklace and pearl jewelry is the most demanded piece of personal adornment throughout the history, its tradition goes back in time for thousand year and still the remains today the most demanded piece of jewelry.
Pearl Necklace
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Sunday, April 29, 2018
According to Thomson Reuters GFMS, the volume of silver imports to India in October reached 338 tons, which is 40% higher than the September figures - 241 tons, according to the Russian Jewelry Network referring to the portal Goldenfront.ru. In the first ten months of the year, 4,652 tons of silver were imported to the country. It is forecasted that the total volume of silver imports this year could reach 5,200-5,500 tons. Thus, the 2008 record will be broken down to 5,048 tons. The
demand for silver in India is driven by two factors. The first is low prices, which fell this year by almost 37%. The second is that more and more Indians are buying silver jewelry and coins as gifts for weddings and holidays instead of gold, the deficit of which is caused by government restrictions.
demand for silver in India is driven by two factors. The first is low prices, which fell this year by almost 37%. The second is that more and more Indians are buying silver jewelry and coins as gifts for weddings and holidays instead of gold, the deficit of which is caused by government restrictions.
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