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ZOID RESEARCH 8-JULY-2014 : SILVER

by Tanisha joshi 9:49 PM 0 comments
Spot silver prices declined by 0.4 percent in line with weakness in bullion prices. In addition, the strength in the dollar index on optimistic data in the recent weeks acted as a negative factor. Weakness in copper and nickel prices further exerted downside pressure.

On the MCX, silver prices gained marginally by 0.3 percent in contrary to the gains in international markets and closed at Rs.44780/kg.

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