Silver down on weak global cues 16/08/2016

Silver down on weak global cues
16/08/2016 08:58
Silver futures closed lower in the domestic market on Friday as participants reduced their positions taking weak cues from global market. At the MCX, Silver futures for September 2016 contract closed at Rs 46,129, per 1 kg, down by 1.34 per cent after opening at Rs 46,626, against the previous closing price of Rs 46,755. It touched the intra-day low of Rs 46,030.