India hoards silver at unprecedented rate, with imports up 400% in 1 year

India just hauled in $5.9 billion worth of silver in four months. That’s a 400% jump from the end of 2024 and a 64% leap over its 2022 record. From 2013 to 2019, silver imports were about $1.5 billion per year. The country’s silver demand is being pushed by jewelry buyers, physical bar investors, and […]