In the domestic
market Silver futures closed high on Wednesday after participants raised their
bets amid firming global trends. Analysts attributed the hike in silver prices
at futures trade to a firming trend in the precious metals overseas.
At the MCX, silver
futures for Dec. 2016 contract closed at Rs 42,200 per kg, upward by 0.06 per
cent, after opening at Rs 42,185, against a last close of Rs 42,175. It touched
the intra-day high of Rs 42,477.
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