Supply shortage of gold, silver? Banks stop import orders as metals stuck at customs

 The absence of new shipments could tighten domestic availability, given that India, the world’s second-largest consumer of gold and the largest buyer of silver, depends almost entirely on imports to meet demand, according to a Reuters report. The absence of new shipments could tighten domestic availability, given that India, the world’s second-largest consumer of gold and the largest buyer of silver, depends almost entirely on imports to meet demand, according to a Reuters report.