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Silver falls by 0.5% on global cues

Speculators widened positions amid a firming trend overseas

Silver falls by 0.5% on global cues

Press Trust of India New Delhi
Silver prices were up Rs 180 at Rs 36,580 per kg in futures trading today as speculators widened positions amid a firming trend overseas.

At the Multi Commodity Exchange, silver for delivery in far-month March next year rose by Rs 180, or 0.49%, to Rs 36,580 per kg in a business turnover of four lots.

On similar lines, white metal for delivery in December was trading higher by Rs 170, or 0.48%, at Rs 35,833 per kg with a business volume of 599 lots.

Speculators widened positions, tracking a firming trend overseas as the dollar fell, raising appeal of precious metals.
 

In Singapore, silver climbed 0.5% to $14.87 an ounce today.

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First Published: Sep 09 2015 | 11:57 AM IST

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