Silver prices recovered by Rs 250 to Rs 53,350 per kg on the bullion market today on emergence of stockists buying amid some enquiries from industrial units. It had lost Rs 3,100 in the last three trading sessions.
Market analysts said emergence of buying by stockists and industrial units at prevailing low levels mainly led to the recovery in the white metal prices. However, silver coins remained steady at Rs 59,000 for buying and Rs 60,000 for selling of 100 pieces.
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