Silver Jewelry Demand Optimism On The Rise

In several places, this prediction might confirm to be true, but in India, the rupee is struggling up against the dollar. Silver prices have risen 33 % inside 2 years, plus The Economic Times has noted that the heighten has taken a toll on silver jewelry need. There is hardly any demand in the domestic market for silver jewellery, statutes plus utensils. High cost is the key factor that has led to a decline in demand, mentioned Suresh Hundia, managing director of Hundia Exports. Tribal females used to wear thick silver jewelry, nevertheless prices plus urban exposure are beginning to change their taste. They now like lightweight silver jewelry, Hundia said. Read More at http://silverinvestingnews.com/16383/silver-jewelry-optimism-tiffany-china-india-price-demand-recycling.html