Silver up on strong global cues
19/08/2016 08:54
Silver futures closed higher in the domestic market on Thursday tracking a firm trend overseas as traders indulged in building up fresh positions. Analysts said fresh positions built up by traders in tandem with a firm trend overseas mainly led to rise in silver prices at futures trade. At the MCX, Silver futures for September 2016 contract closed at Rs 46,140, per 1 kg, up by 0.55 per cent after opening at Rs 46,275, against the previous closing price of Rs 45,886. It touched the intra-day high of Rs 46,344.
19/08/2016 08:54
Silver futures closed higher in the domestic market on Thursday tracking a firm trend overseas as traders indulged in building up fresh positions. Analysts said fresh positions built up by traders in tandem with a firm trend overseas mainly led to rise in silver prices at futures trade. At the MCX, Silver futures for September 2016 contract closed at Rs 46,140, per 1 kg, up by 0.55 per cent after opening at Rs 46,275, against the previous closing price of Rs 45,886. It touched the intra-day high of Rs 46,344.