Silver Glut Swamps India as Buying Frenzy Passes Country By

  • Silver imports may tumble 30% this year on poor demand: Rathod
  • Dealers are trying to offload supplies at a discount: Hundia

Silver imports by India are set to plunge from last year’s record as jewelers grapple with slowing demand and excessive inventories after domestic prices climbed to the highest levels since 2013.

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