Browsing Tag
silver
Silver imports may touch pre-covid levels this year
Silver imports are expected to bounce back to pre-Covid levels of 6,500-7,000 tonnes this year as there is a strong demand for the metal, said industry executives.
Demand is also coming from the industrial sector as the economy has…
Gold gains Rs 65; silver rises Rs 307
Gold price in the national capital increased by Rs 65 to Rs 52,050 per 10 grams on Tuesday amid rupee depreciation, according to HDFC Securities.
In the previous trade, the yellow metal finished at Rs 51,985 per 10 grams.
Silver also…
Imports come under scrutiny over widening CAD
The government has begun close monitoring of imports amid concerns over the rising current account deficit (CAD) that could undermine India's macroeconomic balance.
A senior government official said revenue authorities are being…