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Silver futures fall by 0.3%

Market analysts said reports of a weak trend in the metal in overseas markets led to the fall in silver prices

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Press Trust of India New Delhi
Last Updated : Aug 04 2015 | 11:18 AM IST
Amid a weak trend in global market, silver prices fell 0.31% to Rs 33,395 per kg in futures trade today as speculators lightened bets.

At Multi Commodity Exchange, silver for delivery in September traded lower by Rs 104, or 0.31%, at Rs 33,395 per kg in a business turnover of 634 lots.

Also, the white metal for delivery in far-month December was trading Rs 100, or 0.29% lower at Rs 34,130 per kg in a business volume of 26 lots.

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In the international market, silver traded 0.1% lower at USD 14.48 an ounce in Singapore.

Market analysts said reports of a weak trend in the metal in overseas markets led to the fall in silver prices at futures trade here.

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First Published: Aug 04 2015 | 10:48 AM IST

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