White metal rises on strong global cues

Silver futures were trading higher in the domestic market on Thursday 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 September 2018 contract closed at Rs 38,000 per kg, up by 0.12 per cent, after opening at Rs 37,975 against a previous close of Rs 37,956. It touched the intra-day high of Rs 38,035.

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