SILVER FUTURES PRICE increased 0.10 USD/t. oz or 0.57% to 17.02 on Monday August 21 from 16.93 in the previous trading session. Historically, Silver reached an all time high of 49.45 in January of 1980 and a record low of 3.55 in February of 1991.
Silver prices showed softness today falling Rs 200 to Rs 40,000 per kg due to lower traction among industrial units even as the white metal strengthened overseas.
Gold, however, remained steady at Rs 29,950 per 10 grams.
Traders attributed the price slide in silver to muted demand from industrial units at the domestic spot market, but the positive trend from overseas markets limited the fall.
Globally, silver rose 0.47 per cent to USD 17.02 an ounce and gold 0.31 per cent to USD 1,288.20 an ounce in Singapore.
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