Comments
Silver prices fell Rs 165 to Rs 56,353 per kg at the futures trade today as speculators offloaded their positions, tracking a weakening global trend.
At the Multi Commodity Exchange, silver for delivery in May fell Rs 165 or 0.29 per cent to Rs 56,353 per kg with a business turnover of 3,790 lots. Similarly, July contract lost Rs 155 or 0.27 per cent to Rs 57,999 per kg in 437 lots.
Market analysts attributed the fall in silver futures to a weakening global trend.
Meanwhile, the white metal dropped 0.2 per cent to $31.62 an ounce in Singapore.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.