50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
42
Including Directs Imports (Imports by premier trading houses), NRI imports , Exports Replenishment 2012 and 2013
also includes unofficial imports.
GOLD AND SILVER MINE PRODUCTION:
Gold Production in tones is showing nil compared to previous year. Silver production of India shows a decline of
43.30% over previous year.
India’s Gold and Silver Mine Production
2015
2014
2015
2014
N.A
1.6
374
261
India's Gold and Silver Mine Production
Gold (Tones)
Silver (Tones)
Source: World Gold Survey 2016 pg 24 & Silver Survey ’2016 pg 80 & by GFMS Ltd London
India’s Imports Of Precious Metal Gold
Gold Supplied To Exporters By Nominated Agencies
Particulars
2011
2012
2013 2014 2015
Total Imports
1211
969
783
826 904
Price (Rps/10
gm)
24003
29730
29310 28278 26488
(Source: Gold Survey ‘2016 pg 59 by GFMS Ltd London)
Particulars
2011
2012
2013 2014 2015
Total Imports
132.4
61.8
187.1
220 255.7
Source: World Silver Survey ’2016 pg 48 by GFMS Ltd London
SILVER
(Million Ounces)
Note: includes duty free and duty paid imports
2015-‐16
2014-‐15
Qty. in Kgs
Qty. in Kgs
S. B. I.
4,460
4,514
Bank of Nova Scotia
28,150
63,775
Bank of India
12,475
14,961
Corporation Bank
-‐
90
Union Bank of India
8,020
8,205
MMTC
2,761
3,959
Total
55,866
95,504
(Source: As compiled by Council)
Particulars
Gold (Tonnes)
Silver (Tonnes)
