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The silver market also saw a fresh new low for the move early today but prices were able to reject those losses well ahead of mid session. Silver was probably knocked a little off balance by a brokerage firm price forecast down grade and perhaps silver and other metals markets were a little discouraged by the ebb and flow of the Washington fiscal cliff debacle. In the end, minor negative influences from the currency markets were probably countervailed in the silver trade by decent US scheduled data and periodic gains in US equities.
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