jason1 said:STKR said:This chart can't be for total silver demand. The numbers don't add up. The name of the file is "Silver coins", so it may just be showing coin demand. Indian's like to buy jewellery for investment and gifts, too. Total silver imports would provide a better insight to annual consumption from india.
coin and bar demand, essentially what we are buying, as i mentioned
My bad. I would've read that initially but got caught up with reading about total demand in the articles I was looking at.
Apparently, coin and bar demand has seen a massive spike in 2022, along with jewellery. Although, It's hard to get reliable data when midway through the year. I wouldn't take it as gospel.