Expert Anuj Gupta, Vice President , Commodity and Currency Research at IIFL Securities has earlier asked the investors to wait and get in touch with their local jewellers to get the best deals.
He said that the weakness may continue in the near term in the wake of strengthening dollar and higher bond yields, which make take away some traction from the safe heaven bullion, he said.
Meanwhile, MCX July Silver Futures were trading at Rs 72,216 per kg at the close on Friday, up by Rs 217 or 0.3 per cent from the last closing price around this time.