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Silver takes control of Rs 39,000 level, gold weakens

Silver takes control of Rs 39,000 level, gold weakens

Thursday, June 22, 2017, 3:31 PM

Silver prices wrested control of the Rs 39,000-per kg level again by surging Rs 300 today, highlighting a firm trend overseas and increased offtake by consuming industries. However, gold weakened by Rs 5 to Rs 29,100 per 10-grams on sluggish demand from local jewellers despite a firm trend overseas. Traders attributed the rise in silver prices to positive global cues and pick-up in demand from industrial units.
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