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Thursday, 20 November 2014

MCX Silver March futures prices declines nearly 2% on global cues

Silver futures prices on MCX fell on Thursday as of weak signals of the global market amid dollar strength.



At the Multi Commodity Exchange, Silver March futures prices was trading down at Rs 36,540 by Rs 718, or 1.93 percent. Silver touched an intraday session high of Rs 36,738 and an intraday session low of Rs 36540. So far 431 futures contracts have been traded.

While, futures prices for delivery in December 2014 was trading down at Rs 35,636 by Rs 736, or 2.02 percent. Prices hit an intraday session high of Rs 35,920 and an intraday session low of Rs 35,636.

In the international marketplace, silver lost 0.60% to $ 16.05 an ounce in Singapore. Also on the Comex, silver futures for delivery in December has fallen 14.1 cents, or 0.87%, to trade at $ 16.15 a troy ounce.

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