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Mid-Session Silver Market Report for 12/3/2008

like the gold market, the silver market also showed moderate weakness in the very early morning trade, but then the market managed a recovery bounce into the US trading action. In fact, the silver market seemed to get a lift from the recovery in the US equity market and that in turn allowed March silver to forge a low to high rally this morning of 44 cents. Also like gold, it is likely that recovery action in a host of physical commodities this morning lent some spillover buying interest into the silver trade.




 
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