 "Solar sector revives sagging demand for silver, but party may not last")
After going through a phase of weakness due to sagging offtake from China, silver jewellery demand is making a comeback in India.
According to the World Silver Survey 2017 released by the US-headquartered Silver Institute, the party spoilers were silver coins and demand for medal fabrication. The latter was down by nine per cent in 2016 to 123.2 million ounces (Moz), after hitting a record high in 2015.
The fall in silver demand for jewellery was another party spoiler. Total physical demand declined by 11 per cent in 2016 to 1,027.8 Moz, due to weaker offtake for jewellery,
According to the World Silver Survey 2017 released by the US-headquartered Silver Institute, the party spoilers were silver coins and demand for medal fabrication. The latter was down by nine per cent in 2016 to 123.2 million ounces (Moz), after hitting a record high in 2015.
The fall in silver demand for jewellery was another party spoiler. Total physical demand declined by 11 per cent in 2016 to 1,027.8 Moz, due to weaker offtake for jewellery,
