Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
Silver and gold prices fell further at the bullion market on moderate selling by stockists and investors amidst continuing bearishness in the global markets.
Silver ready (.999 fineness) declined by Rs 125 per kg to end at Rs 51,585 from Friday’s level of Rs 51,710.
