Credit: Maxpixels
Being the largest consumer of gold and the fourth-largest consumer of silver, India highly influences the trade of precious metals. Winter is the season full of festivals, and festivals in India are closely related to buying precious metals. Hence, the winter triggers the transactions of precious metals in the Indian market and influences the price movements of gold and silver. Continue reading
Market trends suggest that the demand for silver has drastically decreased. However, silver is trying to maintain its influence over industries. It is a precious metal for safe investment. This might be because of its counterpart, gold, which is much dearer than silver, and it can also combat economic issues of life. However, everybody can’t afford to invest in gold. That is why people have started investing in silver. Continue reading