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It is also the eighth-most populous city in the world.
It has a population of roughly 2 crore people (20 million).
angel investing for wealth creation ✌️【365vc.net】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!Being the financial centre, the demand for gold and silver here is too high.Here, like in any other city in India, the price of silver is determined by several geo-political, economic, and other factors.
It is also influenced by local and industrial demand, the value of the US dollar, and local taxes.
In addition to having a massive demand for industrial usage, silver in this metropolitan area is also used for ornaments, jewellery, and investment purposes.
During birthday parties, people use it for gifting purposes as well.In India, this city is among the largest consumers of silver.
Here, this "not so precious metal" is considered to be a good option to hedge against inflation or bad times.
It can be bought and sold in the market any time one wants.angel investing for wealth creation Smart Wealth Management for Maximum Returns