A 25 per cent increase in silver price over the past two months has prompted jewellers in tier-2 and tier-3 cities as well as rural India to stock silver utensils and silver coins in anticipation of a robust demand during the upcoming festive and marriage season.
The sudden interest in silver, which had seen lacklustre sales for a while, has been sparked by the expectation that the commodity may witness a 10-20 per cent rally in prices in the run-up to the peak festive season, which is ...........ET