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Jai Hamid

India silver imports reach $5.9B in four months, up 400% vs Q4 2024

Over the last four months, India imported $5.9 billion of silver, a 400% rise versus Q4 2024 and 64% above the 2022 peak. Spot silver set a record at $94.61 an ounce, while MCX futures climbed 5.5% to ₹3.03 lakh per kg. ETF assets expanded to ₹72,907.44 crore by December 2025.
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