Scarcity of gold opens up doors for silver exports

Scarcity of gold opens up doors for silver exports

“Shortage of gold as raw material and the consequent decline in gold jewellery exports have opened up avenues of growth for silver jewellery. Efforts to lift silverware and jewellery manufacturing to international standards have started bearing fruit too, as demand from developed markets has improved.

Gems and Jewellery Export Promotion Council data showed silver jewellery exports rose 109 per cent between April 2013 and this February to Rs 8,140 crore from Rs 3,885 crore in the same period last financial year. In dollar terms, exports rose by 90 per cent.”  By Sangeetha G. Mar 30 2014 http://www.mydigitalfc.com Read More

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