Silver Futures Shine On Disappointing US Data

Silver futures closed higher in choppy trade on the domestic market on Friday as participants maintained fresh positions following disappointing economic data which indicated that US economic growth is not growing as previously anticipated.

At the MCX, silver futures for September 2017 contract closed at Rs 36963 per kg, up by 1.02 per cent, after opening at Rs 36450, against a previous close of Rs 36590. It touched the intra-day high of Rs 37244.

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Suhani Verma

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