ZOID RESEARCH 30-JULY-2014: SILVER

Decline in gold prices led to the fall in silver prices as it declined by around 0.3 percent in yesterday’s session. Strength in the dollar index and weakness in the base metals pack also exerted downside pressure on prices.On the MCX, silver prices gained by 0.2 percent in contrary to the weakness in international markets and closed at Rs.44269/kg.

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