Silver .999 placed Rs 15 lower at Rs 7,610 per kg. Silver .916 was down by Rs 10 at Rs 7,500 per kg. Industrial buyers were kept sideline in the falling market, while continued inflow of raw silver from local sources coupled with weak Delhi and overseas advices put fresh pressure on the local market, dealers said.

Arrivals of imported silver however were sluggish but traders reported arrival of 300/350 kg of raw silver from local sources. In the global market the white metal at one stage slipped to $4.53 before settling at $4.57 per troy ounce.

Standard gold closed steady at Rs 4,350 per 10 gm so was gold .22 carat at Rs 4,025.

OIL, OILSEEDS: Groundnut oil ruled easy on the oil, oilseeds market here on Monday. Castorseed and its oil too closed lower in absence of overseas support in the wake of slow process of shipment at earthquake-hit Kandla Port, dealers said.

Groundnut oil fell from Rs 297 to Rs 295 per 10 kg owing to slack buying interest followed by weak upcountry advices. In Rajkot prices placed lower from Rs 525 to Rs 520 per per 15 kg. Imported palm oil edged up by a rupee at Rs 196 per 10 kg as upsurge in dollar value against rupee kept offerings limited. In the global market palm oil quoted higher at $200 per tonne for nearby delivery and to $215/230 for long deliveries. Castor oil reacted by Rs 2 at Rs 278/290 per 10 kg. Castorseed ready were down to Rs 1,240 per quintal.