After halting imports of silver for three months due to low demand, India has imported 24 tonnnes in May and June.

Although demand is expected to be low for the next month it is expected to pick up when the June to September monsoon period is over.

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World silver mine production rose to a record high in 2005 at 641.6 million troy ounces.

Total world demand for silver rose to 864 .4 million troy ounces in 2005.

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