Silver futures closed higher in the domestic market on Thursday as traders created speculative positions taking positive cues from the global market
Market analysts said a firming trend in the precious metals in global market, mainly attributed to the rise in silver prices at futures trade.
At the MCX, Silver futures for September 2016 contract closed at Rs 47,700, per 1 kg, up by 0.06 per cent after opening at Rs 47,633, against the previous closing price of Rs 47,671. It touched the intra-day high of Rs 47,929.
Market analysts said a firming trend in the precious metals in global market, mainly attributed to the rise in silver prices at futures trade.
At the MCX, Silver futures for September 2016 contract closed at Rs 47,700, per 1 kg, up by 0.06 per cent after opening at Rs 47,633, against the previous closing price of Rs 47,671. It touched the intra-day high of Rs 47,929.
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