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

Silver down by 0.3% on weak global cues

Market analysts said a weak trend in precious metals in global markets largely kept pressure on silver futures

Silver down by 0.3% on weak global cues
Press Trust of India New Delhi
Last Updated : Dec 14 2015 | 11:45 AM IST
Amid weakening trend overseas, silver prices fell by Rs 93 at Rs 34,305 per kg in futures trade today as speculators trimmed positions.

Silver for delivery in far-month May 2016 traded lower by Rs 93, or 0.27%, to Rs 25,724 per kg in a business turnover of four lots in futures trading at Multi Commodity Exchange (MCX).

On similar lines, the white metal for delivery in March was trading Rs 79, or 0.23% lower, at Rs 33,904 per kg with a business turnover of 240 lots.

Also Read

In the international market, silver was little changed at $13.91 an ounce in Singapore.

Market analysts said a weak trend in precious metals in global markets largely kept pressure on silver futures.

More From This Section

First Published: Dec 14 2015 | 11:02 AM IST

Next Story