MUMBAI: Silver prices reacted sharply on the bullion market here today on heavy stockists offerings on news of arrivals of fresh stocks and declined by Rs 110 per kilo. Weak London advices also dampened the sentiment.Gold also turned distinctly weak on withdrawal of local buying coupled with weak overseas advices. Ready silver of .999 declined steeply to close at Rs 8575 from Rs 8685. Raw silver of .916 and tenderable silver also fell sharply to close at Rs 8450 and Rs 8580 respectively from the last close of Rs 8570 and Rs 8690. Standard gold reacted by Rs 20 to settle at Rs 3990.
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