http://profitduniya.blogspot.in/

Silver in BUY Position

Silver futures were trading higher during the evening trade in the domestic market on Thursday as traders widened their bets tracking a firm trend at global markets. Silver rallied in global markets after the US Fed indicated that it would take a slow, measured approach to any interest rate hikes amid a weak dollar raising demand for the safe-haven, supported the prices of white metal at the futures trade.



At the MCX, silver futures for September 2016 contract is trading at Rs 47,746 per kg, up by 1.55 per cent, after opening at Rs 47,128, against a previous close of Rs 47,019. It touched the intra-day high of Rs 48,089 (at 16:23 hours).

Share on Google Plus

About Share Market Tips

0 comments:

Post a Comment