Monday, 28 March 2011
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Silver futures dip on weak global trend, lower offtake
Tracking weakening global trend, silver prices dipped by Rs 674 to Rs 55,505 per kg in futures trading today as speculators reduced their positions. Reduced offtake in the spot market at existing high levels also dampened the trading sentiment in futures. At the Multi Commodity Exchange, silver for delivery in July dipped by Rs 674, or 1.20%, to Rs 55,505 per kg, with a business volume of
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