Comments
Silver prices fell 0.62 per cent to Rs 44,817 per kg at the futures trade today amid profit-booking by speculators and a weak trend overseas.
On the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 280 or 0.62 per cent to Rs 44,817 per kg in a business turnover of 274 lots.
Similarly, the white metal for delivery in July declined Rs 240 or 0.54 per cent to Rs 44,289 per kg in a business volume of 478 lots.
In the international market, silver prices traded lower at $20.95 an ounce in Singapore from $20.96 on June 27.
Market analysts said apart from profit-booking by participants, a weak trend in global markets led to the fall in silver prices at the futures trade here.
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.