China silver imports slump in October, platinum imports jump

China’s October silver imports dropped 26 percent on the year, and the total inflow in the first 10 months of the year slumped 28 percent, the official trade data showed.

Platinum imports in October jumped 65 percent on the month to 6,340 kilograms, as platinum prices wallowed in discount over $100 to gold and attracted buying. Year-to-date imports of platinum rose 14 percent on the year to 66,680 kilograms.

Tags: China silver imports

Posted by Silver Guru on Nov 21 2011. Filed under Silver prices. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry