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India's SEBI just allowed ~$385B in equity mutual funds to put up to 35% (~$135B total) into gold/silver instruments. Split between both metals + phased adoption means new silver inflows likely $5-30B+ over 1-2 yrs if funds allocate 5-15% (not all at once). India already buys ~25% of global silver (~$9B imports in '25). This adds institutional firepower on top of jewelry/industrial demand. Significant boost amid ongoing market deficits.