Globally, the silver prices were trading higher by 0.31 per cent at $17.94 per ounce in New York.
The Nifty Metal index was trading 0.39 per cent down at 2354.15 around 10:35 am.
GCPL paid $20.89 million cash for acquisition of 5 per cent stake in each firms.
Globally, the yellow metal prices declined 0.88 per cent to $1,502.40 an ounce in New York.
In the international market, silver prices fell 0.12 per cent to $18.02 an ounce in New York.
A quick run through of the projections on various commodities by SMC Global Securities.
It said that India is the most important market for the company as the smartphone market here is growing faster than any other major market globally.
The overall customer base of UPI users is estimated to be more than 400 million.
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