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Thursday, December 11, 2008

UPDATES ON DEC 11 2008

DEC 11 THURSDAY

Also on Nymex, March silver futures surged 35 cents to

end at $10.20 an ounce .

Silver traded at $ 9.90 to $ 10.05 in Asia .

How ever in early New York trade it was bid lower aggresively

down $ 9.70 .Golds move proved some support and silver

managed to close at $ 9.84.

In the MCX March silver it shall find support at Rs 16650

to Rs 16500 whereas resistence is seen at Rs 17080 to

Rs 17400.

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