Silver demand is seen rising in the second quarter of the current financial year against the same period of last year. The silver fabrication demand should pick up as economies around the world start to pick up, according to the World Silver Survey conducted by the Washington-based Silver Institute. The current rebound in the growth of the global gross domestic product (GDP) is already leading to higher demand for a wide range of silver-containing products. A major boost for demand will be from the health of the electronic industry, in particular, over the rest of the year the institute says. Asia currently accounts for most of the global gains, with Indian offtake growing particularly strongly-up nearly 22 per cent.
NSTL
