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Silver prices rebound on MCX, July futures up 0.3%

Discussion in 'Trading Strategies & Systems' started by harreymartin, Jun 27, 2013.

  1. harreymartin

    harreymartin New Member

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    Silver prices rebounded with marginal gains Thursday, after previous day's sharp fall. It fell below Rs 40,000 per kg level in previous session.

    At 11:33 hours IST, MCX SILVER July contract was trading at Rs 39681 up Rs 113, or 0.29 percent. The SILVER rate touched an intraday high of Rs 39863 and an intraday low of Rs 39501. So far 5717 contracts have been traded. SILVER prices have moved down Rs 25329, or 38.96 percent in the July series so far.

    MCX SILVER September contract was trading at Rs 40042 up Rs 157, or 0.39 percent. The SILVER rate touched an intraday high of Rs 40224 and an intraday low of Rs 39884. So far 1521 contracts have been traded. SILVER prices have moved down Rs 17277, or 30.14 percent in the September series so far.

    Read full article : http://tradingtip***pert.wordpress.com/2013/06/27/silver-prices-rebound-on-mcx-july-futures-up-0-3/
     
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