White Metal Rises On Strong Global Cues

Silver futures were trading higher in the domestic market on Wednesday taking positive cues from the global market. Market analysts said a firm trend in precious metals in global market mainly attributed to the rise in silver prices at the futures trade.

At the MCX, silver futures for July 2018 contract closed at Rs 40,500 per kg, up by 0.01 per cent, after opening at Rs 40,506 against a previous close of Rs 40,495. It touched the intra-day high of Rs 40,590.

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