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Silver shines down, 3.5% fall in futures

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Silver shines down, 3.5% fall in futures

Silver’s brightness faded as industrial demand declined from Corona’s havoc. In the Indian futures market, silver slipped nearly four percent from the previous session on Friday. Silver has been declining for the last four days due to sluggish demand for industrial metals. The rise in gold and a rise in selling at higher prices have also caused a break in gold prices. The prices of yellow metal also declined in foreign and domestic markets. Commodity market experts say that due to the fall in the price of gold and silver in the international market, the pressure is being seen on the prices of both metals in the domestic market.

On the Multi Commodity Exchange (MCX) at 8.50 pm, the silver May expiry contract was trading at Rs 45,155 per kg, down Rs 1,503, or 3.22 percent, from the previous session, while silver traded at Rs 4,4813 during the previous trade. Slipped by per kg.

MCX gold was trading at Rs 42,256 per 10 gram in April expiry contract for gold, while gold was down by Rs 42,126 per 10 gram during the previous trade.

Ajay Kedia, director of Kedia Advisory, said that China is the main buyer of gold and silver and due to the Coronavirus outbreak, the demand for precious metals in China has decreased, especially the demand for industrial metals is very weak, so the pressure on silver prices came. is.

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Bullion market traders said that gold and silver have seen strong growth in the past, after which buying at higher prices has come down.

At the same time, gold and silver prices have come under pressure due to profit booking at higher prices in futures.

Meanwhile, the international futures market Comex also recorded a fall in gold and silver prices on Friday.

Comex was trading at $ 1,585.05 an ounce, down $ 57.45, or 3.50 percent, from its previous session in the gold futures contract. At the same time, the silver March contract was trading at $ 16.63 an ounce, a drop of 5.82 percent from the previous session.

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Also Read: ALI FAZAL AND RICHA CHADHA APPLY FOR MARRIAGE REGISTRATION IN COURT

Movie

The Madras High Court has granted early screenings of Vijay’s Leo movie from 7 AM, requesting the TN government to resolve any issues.

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The Madras High Court has granted early screenings of Vijay’s Leo movie from 7 AM, requesting the TN government to resolve any issues.

Madras High Court Grants Early Screenings of Vijay’s “Leo” Movie at 7 AM, Urges TN Government to Address Concerns

The Madras High Court has made a landmark decision in favor of the much-anticipated Tamil film “Leo,” starring actor Vijay. In a significant move, the court has granted permission for early screenings of the movie from 7 AM, urging the Tamil Nadu government to swiftly address any issues and facilitate the smooth release of the film. This decision marks a pivotal moment in the realm of Tamil cinema and the entertainment industry at large.

Historical Context:

The Indian film industry, particularly the Tamil film industry, has seen its share of controversies and challenges related to film releases. Issues such as censorship, political disputes, and public sentiment have often played a significant role in shaping the release schedules and screening times for films. Vijay, one of Tamil cinema’s most prominent actors, has been at the center of such controversies in the past. This decision by the Madras High Court is, therefore, particularly noteworthy.

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The Ruling:

The Madras High Court’s decision to permit early screenings of “Leo” comes as a response to a plea filed by the film’s producers. The court, while considering the plea, took into account various factors, including the film’s anticipated popularity and the prevailing circumstances. The court emphasized the importance of accommodating the audience’s interests and allowing them to enjoy the film without disruptions.

A Step Towards Normalization:

The court’s decision signifies a positive shift in the film industry, where release dates and screening times are often mired in controversy. By allowing screenings to commence at 7 AM, the court aims to reduce the chances of public unrest and congestion near theaters, especially in the wake of high-profile film releases.

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The Role of the Tamil Nadu Government:

The Madras High Court, in its ruling, also called upon the Tamil Nadu government to cooperate in ensuring a seamless release for the film. This cooperation extends to providing necessary security measures to maintain law and order around theaters during the early screenings.

Implications for the Entertainment Industry:

The decision is expected to set a precedent for the release of other highly anticipated films, not just in Tamil cinema but also in the broader Indian film industry. The court’s emphasis on the importance of accommodating the audience’s interests could lead to more flexible screening times for movies in the future.

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The Audience’s Perspective:

For moviegoers and fans of Vijay, this decision comes as a welcome relief. They can now look forward to enjoying the film without any undue delays or disruptions, ensuring a memorable cinematic experience.

In conclusion, the Madras High Court’s ruling to allow early screenings of Vijay’s “Leo” at 7 AM while urging the Tamil Nadu government to resolve any issues paves the way for a more audience-centric approach in the film industry. It is a landmark decision that highlights the importance of balancing the interests of filmmakers and the movie-loving public. This judgment is poised to make a positive impact on the release of future films, ushering in a new era of flexibility and convenience for cinema enthusiasts.

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