Problems of silver import to India, connected with the world economic crisis

Abstract

In India 76% of silver simultaneously is extracted from lead-zinc and from small quantity of Gold deposits. About 30% of consuming silver is produced in country. India occupied the third place of silver consuming in 2007 year. Silver is using in such areas as technological fields of industry and jewelry industry, producing tableware, mirrors and textile. Financial crisis and demand of metal prices had a bad influence on import of Indian silver.