Silver rises on firm global cues

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Silver futures closed higher in the domestic market on Tuesday as traders enlarged positions, tracking a firm trend overseas.
Analysts said speculators enlarged positions in tune with a firm global trend, which mainly pushed up silver prices at the futures trade.
At the MCX, Silver futures for September 2016 contract closed at Rs 46,385, per 1 kg, up by 0.56 per cent after opening at Rs 46,523, against the previous closing price of Rs 46,125. It touched the intra-day high of Rs 46,820.

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