Silver Market UpDate By Ripples Advisory

Silver futures were trading lower during the evening trade in the domestic market on Wednesday as speculators trimmed their positions amid a weak trend in global markets. Marketmen booked profits at prevailing levels followed by a weak trajectory in global markets.

 

 At the MCX, Silver futures for July 2016 contract is trading at Rs 41,380 per kg, down by 0.33 per cent, after opening at Rs 41,434, against a previous close of Rs 41,519. It touched the intra-day low of Rs 41,335

 

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