Tuesday, 3 May 2011

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India silver plunges tracking weak Asian shares

  • Tuesday, 3 May 2011
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  • The spot silver has lost the ground yesterday by as much as 8.53% to settle at $43.82. The same has been observed in futures in the COMEX and MCX division ? Silver for July delivery lost as much as 5.18% after the CME group increased the initial margin for speculative positions by 13%. Global equities had a mix performance. The Asian equities were almost down, with DJIA also closed little down



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