Silver dips on feeble global cues : 31/08/2018

Silver dips on feeble global cues : 31/08/2018


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Silver dips on feeble global cues
31/08/2018 06:20
Silver futures closed lower in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels. At the MCX, silver futures for December 2018 contract closed at Rs 36,854 per kg, down by 0.76 per cent, after opening at Rs 37,069 against a previous close of Rs 37,135. It touched the intra-day low of Rs 36,802.