Editor’s Note
This article discusses China’s new licensing requirement for silver exports, which may impact global markets. The headline’s dramatic tone should be read with caution, as the full effects of the policy remain to be seen. We present this as a developing story.
Silver prices were already soaring, and now China has done something that is about to cause an earthquake in the world and its own market.
Silver prices were already soaring, and now China has done something that is about to cause an earthquake in the world and its own market. The Chinese government has introduced a new rule whereby no company can export silver to another country without a license, and only a few companies will be granted this license. Consequently, silver rates are expected to rise soon. Watch this video to see the impact China’s decision will have on the world and India.
