Business Standard

Silver down 0.6% on lower global trend

Prices moved down as speculators offloaded their positions

Press Trust of India New Delhi
Silver futures for May moved down by Rs 325, or 0.63% to Rs 51,450 per kg in 5440 lots.

At the Multi Commodity Exchange (MCX), the July contract declined by Rs 313, or 0.59% to Rs 52,480 per kg in 342 lots.

Prices moved down as speculators offloaded their positions.

Weak global trend mainly pulled down silver futures trade here.

Meanwhile, silver fell by 1.18% to $27.65 an ounce last night.

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First Published: Apr 11 2013 | 1:52 PM IST

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