Commodities

Silver futures decline to Rs 44,817 per kg

PTI New Delhi | Updated on March 12, 2018

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.

Published on June 30, 2014

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