Indian Silver Imports Surged In September

**Smaulgld** · 11-19-2018, 01:01 PM

**oyarde** · 11-19-2018, 03:45 PM

I think India silver imports might exceed what is reported.

**Smaulgld** · 11-19-2018, 04:58 PM

Originally Posted by oyarde

I think India silver imports might exceed what is reported.

Most likely there is smuggling too- but probably far less than gold as there is no official duty on silver imports

**oyarde** · 11-19-2018, 05:19 PM

Originally Posted by Smaulgld

Most likely there is smuggling too- but probably far less than gold as there is no official duty on silver imports

Could be a lot though , silver may be able to be bought below spot in poorer areas nearby and then sold at or above spot in cities within India .

Thread: Indian Silver Imports Surged In September