Silver futures down 0.6% on lower global trend

Prices moved down as speculators offloaded their positions

Press Trust of India New Delhi
Last Updated : Apr 23 2013 | 2:06 PM IST
Silver futures for May moved down by Rs 225, or 0.56% to Rs 43,442 per kg in 2,005 lots.     

At the Multi Commodity Exchange (MCX), the July contract declined by Rs 240, or 0.54% to Rs 44,175 per kg in 240 lots.

Prices moved down as speculators offloaded their positions.

Also Read

Weak global trend after data that showed China's manufacturing expanded at a slower pace, adding to concern that world's second-biggest economy is faltering affected the trade globally.

In Singapore, silver fell by 0.50% to $23.32 an ounce.

More From This Section

First Published: Apr 23 2013 | 2:05 PM IST

Next Story