White metal shines on global cues

White metal shines on global cues

08/11/2016 16:10

Tracking firn global cues, Silver futures were trading higher during the evening trade in the domestic market on Tuesday as investors and speculators extended their positions in the precious metal amid raising hopes of the Democrat Clinton emerging victorious in the race for the White House.

Financial markets keenly awaited the outcome of the US presidential election.

At the MCX, silver futures for December 2016 contract is trading at Rs 43,153 per kg, up by 0.51 per cent, after opening at Rs 43,024, against a previous close of Rs 42,933. It touched the intra-day high of Rs 43,341 (at 16:07 hours).

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