Silver down on feeble global cues 24/08/2018

Silver down on feeble global cues
24/08/2018


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Silver down on feeble global cues
24/08/2018 05:45
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 September 2018 contract closed at Rs 36,602 per kg, down by 0.81 per cent, after opening at Rs 36,770 against a previous close of Rs 36,900. It touched the intra-day low of Rs 36,535.1