India’s silver purchases fell 38 percent in 2023, according to Silver Institute
India’s physical investment in silver fell by 38% in 2023, leading to a 63% decrease in silver imports to a two-year low of 111.7 million ounces. Futures turnover increased by 13% and options trading increased by over five times. Physical investment decreased to 49.3 million ounces due to profit-taking. India’s physical investment was threatened by…