Turkey Silver imports climb 31% to 6.19 tons in March

Turkey‘s gold imports climbed to an eight-month high in March as prices averaged the lowest since May, the exchange said.

Turkey imported 6.19 tons of silver in March while gold imports hit an eight month high at 18.26 metric tons..

According to Istanbul Gold Exchange, Silver imports rose 31% from a month earlier. The nation imported 142.2 tons last year.

Silver averaged $28.8157 in March, the lowest since July and remains well below the record nominal high of nearly $50/oz seen in April 2011.

Turkey’s gold imports climbed to an eight-month high in March as prices averaged the lowest since May, the exchange said.

Gold imports increased to 18.26 metric tons, the most since July. That’s up from 17.34 tons in February and compared with 2.91 tons a year earlier, Turkey bought 120.8 tons last year.

Read More: http://www.bullionstreet.com/news/turkey-silver-imports-climb-31-to-619-tons-in-march/4435

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