Old silver turns source of new riches as consumers offload 100...

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2025-12-06 20:56:48 - Translate

https://m.economictimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/old-silver-turns-source-of-new-riches-as-consumers-offload-100-tonnes-of-metal-in-one-week/articleshow/125778259.cms

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Old silver turns source of new riches as consumers offload 100 tonnes of metal in one week

Indians sold an estimated 100 tonnes of old silver in one week, driven by record-high prices and seasonal demand for cash. This surge, far exceeding typical monthly sales, indicates a significant profit-taking opportunity for households. Analysts predict further price increases due to a widening supply deficit.

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