Saturday, 23 April 2011
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Silver fetches premium in physical market
The white metal, which is in short supply, is trading at $47.70 an oz and fast approaching the highest price of $49.45 reached in January 1980. Silver, currently the highest profitable investment product, is trading at a premium of Rs 1,000-1,500 a kg. A spurt in investment demand from the lower middle class segment has resulted in a scarcity of the metal in the physical market, inducing the
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