Indian jewellers write to FM, claim leaked info likely led to silver giving ₹40,000 premium

Indian jewellers' association AIJGF has written to Finance Minister Nirmala Sitharaman, flagging suspicious market distortion on MCX, particularly in silver prices. AIJGF noted that silver is trading at "extraordinary" premium of ₹40,000 on MCX, likely due to "rumours" of an impending import duty hike. This means price-sensitive policy information was likely leaked, AIJGF said, demanding a probe.