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Silver crashes 2% in futures trade

Silver crashes 2% in futures trade

Tuesday, October 9, 2018, 12:48 PM

Silver prices came down sharply by 2%, to Rs.38,490/kg in futures trade Tuesday as speculators cut down their bets, taking weak cues from global markets coupled with profit-booking. Silver for delivery in far-month December dipped by Rs.784, or 2%, to Rs.38,490/kg in futures trade at Multi Commodity Exchange. It clocked a business volume of 21,668 lots.
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