“Silver imports in July 2013 are the second highest in any month in the last five years. On the other hand, gold has seen a steep decline in imports in June (only 8.908 MT) compared to 37.618 MT in May, the second lowest in last five years. Experts say traders are importing more silver because of trade restrictions on gold by the Government of India since June 3. The decrease in silver prices over the last three months is also driving imports. ‘Due to restrictions on gold, these figures were expected and traders are waiting for gold prices to fall further before they start buying,’ said Kishore Javeri of Javeri and Company.”
Related posts:
From Murder to Mob Ties, Three N.Y. Politicians Make Unlikely Comebacks
Thomson Reuters to Suspend Early Peeks at Key Index
3 Chicago-suburb cops accused of robbing drug dealers, selling cocaine
Soc. Security, Treasury target taxpayers for parents’ decades-old debts
Bundesbank Floats Wealth Levy Idea for Future Crises
Massive Postal Service breach hits employees and customers
Houston schools discuss child's 'Nerf gun' suspension
Pizza delivery man facing deportation after delivering to military base
Russia and Mongolia Mull Creation of Free Trade Zone
Iran vows it will not allow Assad to fall
Brazil’s latest WhatsApp ban pushes users to other encrypted messaging apps
Red Cross chief: Syria needs humanitarian aid, not just military threats
Documents burn as Trump escalates Russia conflict, ordering SF consulate vacated
Japanese cult fugitive given runaround as he tried to surrender [2012]
Virtual Currency Gains Ground in Actual World