Don’t miss the latest developments in business and finance.

Silver futures down 0.6% on lower global trend

Prices fell as speculators trimmed their positions

Press Trust of India New Delhi
Last Updated : May 10 2013 | 2:23 PM IST
Silver futures for July moved down by Rs 253, or 0.56%, to Rs 44,912 per kg in 1,460 lots.

At the Multi Commodity Exchange (MCX), the far-month September contract declined by Rs 258, or 0.56%, to Rs 45,571 per kg in 52 lots.

Prices fell as speculators trimmed their positions.

Also Read

Weak global trend also put pressure on silver prices at futures trade here.

In New York, silver fell by 0.84% to $23.75 an ounce yesterday.

More From This Section

First Published: May 10 2013 | 2:21 PM IST

Next Story