Silver is not used in its purest form. The jewellers use Sterling silver which is 92.5 per cent silver and 7.5 per cent of other metal. India mostly meets its silver requirements through imports.
Title of Work SSENSE Ever so slightly bejewelled, with a small selection of black diamonds and singular ruby, this subtle sterling silver chain is still that little bit elevated above the rest.
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Some of the factors which affect the prices of silver in India are the rate of Indian rupee in comparison with the US dollar, technology, supply and demand for the silver, global economic trend, etc.
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Great Britain also had a major influence on silver prices being quoted in US dollars, not to mention that the “pound sterling” carries silver in its name. The island empire’s relations with the US ...