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Papli
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India's gold and silver demand exploding - Goldmoney -

Well said about gold but silver is also following in the wake. Silver as an investment is gradually getting accepted in India. Its storage is an incumberance in comparison to gold. Few Indians are aware of silver's use in Industry. The pro silver camp is, however, on the rise. Going forward the demand for silver is surely going to multiply manifold due to its cost differential when compared with gold. That both gold and silver will become more and more expensive going forward is what Indians believe and will position themselves accordingly.Personally, I see this happening by the quarter ending December 2011.

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Début de l'article : Gold and silver prices continued to rally in India over the past few days.Upcoming Diwali festival of lights normally leads to an increasing demand for precious metals among domestic jewellers, while investment demand remains high, as investors returned to gold and silver.According to Rajesh Metah, chairman of India's largest jewellery producer Rajesh Exports, India´s gold demand has the potential to climb by 25% in the upcoming festival season... Lire la suite

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