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ZOID RESEARCH 10-JULY-2014 : SILVER

by Tanisha joshi 10:06 PM 0 comments
Spot silver prices have been moving in tandem with gold prices and this positive move continued in yesterday’s session as the Fed did not hint about rise in interest rates in the US. Weakness in the dollar index boosted the rally further. However, decline in Nickel prices and the weakness in the overall base metal pack capped the rally.

On the MCX, silver prices declined in contrary to the gains in international markets and closed at Rs.44787/kg


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