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The Economic Times
The Economic Times
National

India silver import curbs create shortages, push premiums to six-month high

MUMBAI, - India's restrictions ​on silver imports have created shortages in the world's biggest market for the precious metal, pushing premiums to their highest levels in six months despite weaker-than-usual demand.

Lower imports by India, which meets more than 80% of its silver demand through ‌overseas purchases, could ⁠weigh ⁠on global prices, while helping narrow the country's trade deficit and ease pressure on its rupee currency.

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