Q&A with Manager, Precious Metals Demand, Asia - GFMS, Thomson Reuters
In the international market, silver prices fell 0.64% to $16.25 an ounce in Singapore today
The white metal had lost Rs 1,360 in the previous five days
India can beat Thailand, China & Turkey; be top exporter, say experts
Silver jewellery exports from India quadrupled since 2010-11 due to rapid shift in consumer preferences in favour of light weight, modern, contemporary designs of gemstones studded ornaments
It's this renewal in the short term of interest in precious metals as a safe haven: Erica Rannestad
Higher global investment demand expected to keep the white metal ahead
As commodities rallied on firmer oil prices and optimism over the Chinese economy.
Gold traders were also watching for comments from Federal Reserve officials to gauge the outlook for US monetary policy
Analysts say a weak trend in precious metals in the Asian region led to the fall in silver prices in futures trade here
Traders cut down their bets at prevailing levels amid a weak global trend
However, a firming trend in the precious metals overseas, capped the losses