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Silver futures ease on muted demand

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Press Trust of India New Delhi
Last Updated : Oct 15 2019 | 1:00 PM IST

Silver prices fell by Rs 167 at Rs 45,637 per kg in futures trade on Tuesday as investors trimmed their positions in tandem with weak global trend.

Silver for December delivery traded lower by Rs 167, or 0.36 per cent, at Rs 45,637 per kg in a business turnover of 4,896 lots on the Multi Commodity Exchange (MCX).

Similarly, the white metal for March delivery fell by Rs 144, or 0.31 per cent, to Rs 46,622 per kg in a business turnover of 54 lots.

In the international market, silver traded 0.37 per cent lower at USD 17.65 an ounce in New York.

Analysts said low demand amid weak tr4end overseas mainly exerted pressure on Silver futures here. PTI

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First Published: Oct 15 2019 | 1:00 PM IST

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