Hindustan Zinc cuts silver prices

New Delhi, March 30 Vedanta Resources group firm Hindustan Zinc today said it has reduced the prices of silver by Rs 270 to Rs 21,940 a kg.

New Delhi, March 30

Vedanta Resources group firm Hindustan Zinc today said it has reduced the prices of silver by Rs 270 to Rs 21,940 a kg.

‘The price revision is effective from today,’ a company circular said, adding the prices are exclusive of sales tax, VAT and other statutory levies as applicable.

Silver is used in making electrical contacts, conductors, mirrors. Its amalgamations are used in dental fillings. It is also used in soldering activities.

The miner revises silver rates almost everyday following the price movement at the London Metal Exchange.

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