India’s silver imports could tumble as scrap supplies surge, importers say

Gold and silver bars are stacked on a table in the safe deposit boxes room of the ProAurum gold house in Munich in this file photo taken March 3, 2014. Gold sank more than 2 percent on Wednesday to its lowest since mid-2010, potentially opening the way for a fall to $1,000 as a surging dollar and stronger share prices weakened the investment case for non-yielding bullion.
Silver’s fall of around 5 percent was even sharper, with the metal hitting its weakest since February 2010 at just above $15 an ounce. REUTERS/Michael Dalder/Files (GERMANY – Tags: BUSINESS COMMODITIES SOCIETY)