Silver futures fall to Rs 41,262 per kg

PTI Updated - January 20, 2018 at 07:49 PM.

Amid a weak trend overseas, silver fell Rs 185 to Rs 41,262 per kg at the futures trade today as speculators trimmed their positions.

Silver for delivery in July traded lower by Rs 185 or 0.45 per cent to Rs 41,262 per kg in a business turnover of 1,426 lots at the Multi Commodity Exchange (MCX).

On similar lines, the white metal for delivery in September was trading lower by Rs 183 or 0.43 per cent at Rs 42,010 per kg in a business turnover of 53 lots.

In the international market, silver was trading 0.63 per cent lower at $17.29 an ounce in Singapore.

Market analysts said a weak trend in precious metals in global markets and trimming of positions by speculators at prevailing levels kept pressure on silver futures.

Published on June 14, 2016 07:16