Silver On MCX Settled Down -0.34% At 39681 Prices Lost Tracking

Silver on MCX settled down -0.34% at 39681 prices lost tracking weakness from Comex Silver which was down about 0.49% to settled at $17.36 a troy ounce lower on Wednesday, as strong U.S. economic data boosted demand for the dollar weighed although the precious metal remained within close distance of the previous session's 10-month peak. Prices came under pressure as US dollar found support after data showed that the US private sector added more jobs than expected in July. In addition, a preliminary report showed that U.S. economic growth for the second quarter was revised even higher expected.

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