In the
domestic market Silver futures closed high on Friday as investors &
speculators widened their positions in the precious metals amid firm trend in
global markets.
Further,
participants build up of positions by tracking a little better trend in global
markets for precious metals after the September US non-farm payrolls came in at
up 156,000, which was a slight miss to the downside from market expectancy of a
rise of 170,000, supported prices for silver at futures trade.
At the MCX,
silver futures for Dec 2016 contract ended at Rs 41846 per kg, upward by 0.78 %,
after opening at Rs 41625, against a last close of Rs 41521. It touched the
intra-day high of Rs 42300.
Read More- White Metal Update
