Silver flat on weak global cues
29/09/2017
Silver futures closed flat in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the rangebound 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 2017 contract closed at Rs 39,743 per kg, up by 0.03 per cent, after opening at Rs 39,734, against a previous close of Rs 39,732. It touched the intra-day low of Rs 39,551.
29/09/2017
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Silver futures closed flat in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the rangebound 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 2017 contract closed at Rs 39,743 per kg, up by 0.03 per cent, after opening at Rs 39,734, against a previous close of Rs 39,732. It touched the intra-day low of Rs 39,551.
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