Business Standard

Silver futures down 0.35% on profit-booking

Weak overseas trend affected the trade

Image

Press Trust of India New Delhi

Silver futures for May fell by Rs 161, or 0.27%, to Rs 59,632 per kg in 59 lots.

At the Multi Commodity Exchange, the March contract traded lower by Rs 135, or 0.23%, to Rs 58,335 per kg in 1,391 lots.

Weak overseas trend, profit-booking, speculators trimming their exposures affected the silver trade.

In Singapore, silver traded a shade lower at $ 30.36 an ounce.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 09 2013 | 12:42 PM IST

Explore News