Gold-silver ratio fell sharply indicating that the white metal is outperforming the yellow
Even silver micro futures with a lot size of 1 kg on the MCX, is quoting at a premium, indicating that market doesn't have enough floating stock of the white metal
India's demand has been muted especially since import duty was raised to 12.5 per cent last July
Analysts said widening of positions by traders in sync with a firm trend overseas for precious metals mainly influenced silver prices
Use in photovoltaic plates up 34% in 2016, but falling solar power prices make silver a costly input