India reportedly approves around 6,500 metric tonnes of silver imports for six months

The Economic Times, citing Reuters, reports India approved imports of around 6,500 metric tonnes of silver over six months to meet festive-season demand. The approvals follow restrictions introduced in May and expanded in June; the figure refers to imports approved for the next six months. Additional supply could ease domestic premiums, but a Mumbai-based dealer told Reuters festive demand had yet to gain momentum.