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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Mark Bartlett who wrote (854)	3/9/1998 6:34:00 PM
From: David Luton	Read Replies (1) \| Respond to of 8010

Ming and Mark: It looks like the current price of silver is a bottom for the Indian market. See the Reuters report in Kitco about Indian silver demand in Dubai picking up now that prices have decreased. Remember that the regulations were reduced for the Indian market for the beginning of the year. Historically it was 20 - 25% above the world market. This would mean that the current $6.00 price is probably equivalent to the historical $5.00 per ounce price. Dave Luton