News
IBJA forms World Silver Council
The Council would establish uniform standard for silver prices and voice sector issues to the government
IBJA is inviting global silver miners, traders, refiners, processors and jewellery manufacturers to be part of the council, as per reports. It is not intending to invite members through a membership drive or initiate any fee collection for membership. Currently there is no uniform silver standard with silver’s resale price pegged at about 40-50 per cent of the prevailing silver price. The World Silver Council would establish a uniform standard for silver related articles in India, reports say.
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