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Last Updated : 19 January 2012 at 21:55 IST
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Silver ETF holdings rise sharply to highest level since October 2010

Read more : silver bullion,silver prices,silver news,gold price,gold bullion,gold news,gold demand
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LONDON (Commodity Online): Holdings in the various silver exchange-traded funds rose by 9.16 million ounces on Wednesday, to total 481.17 million, the largest daily increase since Nov. 10, 2010, said UBS in a briefing.


According to UBS, this is the highest level since October 2010. The bulk of the purchases came from the Sprott Fund. The rise in ETF purchases allowed silver to outperform gold, pushing the gold/silver ratio to this year's low of 54.40.

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MCX Copper 29 June 2012 contract was trading at Rs 400.9 , up Rs. 3.15 . What's your view on it?
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