Premiums in silver fall sharply as import eases prices

Total silver import in the first 10 months of the calendar year 2025 stood at 5,500 tonne, against the full-year import of 7,669 tonne in 2024. High inflow, coupled with easing festive-season euphoria and moderating FOMO sentiment after a sudden correction in prices a few weeks ago, has resulted in prices reading at a discount since the last few days. Prices were quoting at a marginal premium on Tuesday.

- RAJESH BHAYANI

PREMIUMS IN THE silver market which were ruling at a whopping %30,000/kg have sharply fallen to $550/kg, after 2,200 tonne of the white metal was imported in the past couple of months.

In September, 1,012 tonne was imported while in October 1,200 tonne, valued $2.72 billion, was shipped into the country. In fact, the October silver import bill was higher than the first nine months.