Following gold, silver futures closed lower in the domestic market on Thursday as participants cut down their holdings as strength in the US stock market and the dollar offset support from a report showing strong investment demand for precious metals in the first half of 2016.
At the MCX, silver futures for September 2016 contract is trading at Rs 46,750 per kg, down by 0.77 per cent, after opening at Rs 46,871, against a previous close of Rs 47,115. It touched the intra-day low of Rs 46,477.
At the MCX, silver futures for September 2016 contract is trading at Rs 46,750 per kg, down by 0.77 per cent, after opening at Rs 46,871, against a previous close of Rs 47,115. It touched the intra-day low of Rs 46,477.
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