New book ‘102 Things to Do with a Hole in the Ground‘ spotlights global reclamation projects
Stories of reinvented coal mining regions, regenerated communities and rebuilt ecosystems are told in a new book published this month.
With restrictions on gold imports this year, Indians have turned to a different precious metal: Silver.
Reuters reports that Indian silver imports are on track to hit record highs this year.
This may provide some relief for the precious metal, as prices try to overcome steep drops since last year – silver fell from $34.00 per ounce in October 2012 to $18 in June 2013 to $22 per ounce today.
According to Reuters research India imported more than 1,000 tonnes of silver from January to August 2013 – double the 2012 amount.
But compared to gold imports, silver doesn’t come close. The country imported $52 billion worth of gold in 2012. Silver totalled $1.8 billion.
Comments
Dr.Jagabandhu Mishra.
It is good that Indian importers import more silver.India does not have any silver mines or deposits.But Indian artisans produce very high quality ornaments and decorative items from silver and silver wire.The import of silver may help many people engaged in this industry.