Thursday, October 20, 2016

Silver jumps on firm global signs in market

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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