Silver Soars in China: INR 45,000/Kg Costlier Than Global Rates

• Silver prices in China are significantly higher, costing INR 45,000 per kilogram more than global rates.
• The price difference is nearly $16 per ounce, with silver trading at $125/ounce in China versus $109/ounce globally.
• High demand, with China consuming over 65% of the world's silver, is a primary driver of the price surge.
• China's new silver export policy, restricting exports to government-licensed companies, has tightened supply.
• Silver has shown remarkable returns, with a 250% increase over one year, while gold also sees strong gains.

Why It Matters: Silver prices in China are significantly higher due to massive demand and restrictive export policies.