Silver rises on strong global cues
29/08/2016 08:28
Silver futures closed higher in the domestic market on Friday as traders created speculative positions taking positive cues from the global market. Market analysts said a firm trend in the precious metals in global market, mainly attributed to the rise in silver prices at futures trade. At the MCX, Silver futures for September 2016 contract closed at Rs 44,015, per 1 kg, up by 0.82 per cent after opening at Rs 43,822, against the previous closing price of Rs 43,659. It touched the intra-day high of Rs 44,723.
29/08/2016 08:28
Silver futures closed higher in the domestic market on Friday as traders created speculative positions taking positive cues from the global market. Market analysts said a firm trend in the precious metals in global market, mainly attributed to the rise in silver prices at futures trade. At the MCX, Silver futures for September 2016 contract closed at Rs 44,015, per 1 kg, up by 0.82 per cent after opening at Rs 43,822, against the previous closing price of Rs 43,659. It touched the intra-day high of Rs 44,723.