ZOID RESEARCH 16-JULY-2014 : SILVER

Weakness in gold prices dragged silver prices for the second consecutive session on Tuesday as traders realized that the recent positive run in the metal is not going to last long. In addition, strength in the dollar index and weakness in Nickel prices pushed the grey metal lower. On the MCX, silver prices declined by around 0.1 percent and closed at Rs.44854/kg


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