Silver prices crash over 40% from Rs 4 lakh/kg high to Rs 2.35 lakh, but buyers are still staying away; bigger problem yet to arrive as 2,000 tonnes ordered by Indian dealers risk piling up
Traders and analysts have said that the slowdown in investment demand can be seen across silver exchange-traded funds (ETFs), bars and coins. A huge crash in silver prices should have led to a revival in demand, but investors seem to be staying away. And this has raised a fresh worry ahead of the festive season.Silver…