Silver futures were trading lower during the morning trade in the domestic market on Tuesday on diminishing demand as speculators indulged in trimming their positions in the spot market amid global uncertainity on growing expectations that the United Kingdom will remain part of the European Union lifted investors’ appetite for riskier assets.
Speculators trimmed positions at existing levels in the spot market amid rally in major Asian markets, weighed down Silver futures.
At the MCX, Silver futures for July 2016 contract is trading at Rs 41,719 per kg, down by 0.18 per cent, after opening at Rs 41,688, against a previous close of Rs 41,795. It touched the intra-day low of Rs 41,631 .
Read More – Mcx Silver Tips
Speculators trimmed positions at existing levels in the spot market amid rally in major Asian markets, weighed down Silver futures.
At the MCX, Silver futures for July 2016 contract is trading at Rs 41,719 per kg, down by 0.18 per cent, after opening at Rs 41,688, against a previous close of Rs 41,795. It touched the intra-day low of Rs 41,631 .
Read More – Mcx Silver Tips
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