Silver dips on weak global cues
06/04/2017 08:07
Silver futures closed lower in the domestic market on Wednesday 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 May 2017 contract closed at Rs 42,287 per kg, down by 0.66 per cent, after opening at Rs 42,500, against a previous close of Rs 42,570. It touched the intra-day low of Rs 42,175.
06/04/2017 08:07
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Silver futures closed lower in the domestic market on Wednesday 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 May 2017 contract closed at Rs 42,287 per kg, down by 0.66 per cent, after opening at Rs 42,500, against a previous close of Rs 42,570. It touched the intra-day low of Rs 42,175.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
