Business Standard

Silver falls by 0.3% on weak global cues

Participants reduced exposure taking cues from overseas markets

Press Trust of India New Delhi
Taking weak cues from overseas markets, silver prices fell by Rs 107 to Rs 36,124 per kg in futures trade today, as participants reduced exposure.

At the Multi Commodity Exchange, silver for delivery in far-month December shed Rs 107 or 0.30% to Rs 36,124 per kg in a business turnover of 16 lots.

Similarly, the white metal for delivery in September declined by Rs 77 or 0.22% to Rs 35,333 per kg in a business volume of 155 lots.

In the international market, silver fell 2.4% to $14.94 an ounce in London yesterday.

Traders said the fall in silver prices at futures trade was largely in line with a weak trend in precious metals in global markets.

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First Published: Aug 25 2015 | 11:32 AM IST

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