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Silver futures fall on weak demand

New Delhi, May 2 (PTI) Silver on Monday fell by Rs 656 to Rs 62,900 per kg in the futures market. The fall was attributed to traders cutting their deals amid low demand.

On the Multi Commodity Exchange, silver for delivery in May traded lower by Rs 656, or 1.03 per cent, at Rs 62,900 per kg. It traded for 314 lots.

Globally, silver was down 1.28 per cent at $22.79 an ounce in New York.

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