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Silver futures closed lower

21:47 , , , Edit
Silver futures closed lower in the domestic market on Wednesday taking weak cues from overseas markets. Traders said the fall in silver prices at the futures trade was largely in line with a weak trend in precious metals in global markets and due to profit-booking by speculators at prevailing higher levels. At the MCX, Silver futures for July 2016 contract is trading at Rs 41,151 per kg, down by 0.49 per cent, after opening at Rs 41,260, against a previous close of Rs 41,355. It touched the intra-day low of Rs 40,942.

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1 comments:

  1. aditiFriday, 24 June, 2016

    Silver,gold are some of the precious metals of commodity market and requires huge investment to trade in this market. But if you are using precise commodity tips, stock tips while trading then you can effectively manage your risk.

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