The commodity is now down around a percent, and has seen trades of around 10,360-odd lots.
So far, the shiny yellow metal has touched a low at Rs 29,440 per 10 grams.
Crude Oil March and Brent Oil April have zoomed, while, Gold, Silver and Platinum have tumbled.
Gold, Silver and Natural Gas are the top gainers, while Crude Oil and Brent Oil are the top losers
So far, the precious yellow metal has touched a high at Rs 29,260.
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MCX Silver slips back into red