Silver futures were trading lower during the evening trade in the domestic market on Thursday as investors and speculators exited their positions in the precious metals amid a weak trend in global markets.

                                       At the MCX, silver futures for December 2016 contract is trading at Rs 42,570 per kg, down by 0.11 per cent, after opening at Rs 42500, against a previous close of Rs 42615. It touched the intra-day low of Rs 42336.For More Information RipplesAdvisory,Ripples_Advisory,Ripples Market Tips Ripplesadvisory.com and you can call us on :-9827808090.

                              Trading Ideas  

1. Silver trading range for the day is 41566-43722.

2. Silver dropped amid mounting concern that an improving U.S. economy will push the Federal Reserve to boost interest rates soon.

3. Federal Reserve officials are talking up the increasing likelihood of an interest-rate rise in the U.S.

4. Holdings at ishares silver trust dropped by 0.52% i.e. 59.05 tonnes to 11206.36 tonnes from 11265.41  tonnes.