Silver down on feeble global cues
16/05/2018
Silver down on feeble global cues
16/05/2018 07:41
Silver futures closed lower in the domestic market on Tuesday 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 July 2018 contract closed at Rs 39,940 per kg, down by 1.01 per cent, after opening at Rs 40,219 against a previous close of Rs 40,348. It touched the intra-day low of Rs 39,830.
16/05/2018
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Silver down on feeble global cues
16/05/2018 07:41
Silver futures closed lower in the domestic market on Tuesday 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 July 2018 contract closed at Rs 39,940 per kg, down by 1.01 per cent, after opening at Rs 40,219 against a previous close of Rs 40,348. It touched the intra-day low of Rs 39,830.
