Silver dips on weak global cues 24/08/2016

Silver dips on weak global cues
24/08/2016 08:59

Silver futures closed lower in the international market on Tuesday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the fall in silver prices at the futures trade to a weak trend in the precious metals overseas as the dollar rebounded after a Federal Reserve policy maker said the US economy is strong enough to warrant an increase in interest rates soon.