Silver futures weaken on reduced offtake
Decline in spot market demand kept pressure on silver futures trade
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Silver futures for July declined by Rs 59, or 0.11% to Rs 55,350 per kg in 112 lots.
At the Multi Commodity Exchange (MCX), the May contract eased by Rs 39, or 0.07% to Rs 54,120 per kg in 4526 lots.
Reduced offtake by traders due to decline in spot market demand mainly kept pressure on silver futures trade.
At the Multi Commodity Exchange (MCX), the May contract eased by Rs 39, or 0.07% to Rs 54,120 per kg in 4526 lots.
Reduced offtake by traders due to decline in spot market demand mainly kept pressure on silver futures trade.
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First Published: Mar 25 2013 | 1:58 PM IST