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Silver futures down Rs 211 per kg on global cues

Speculators reduced exposure, taking weak cues from global markets

Press Trust of India New Delhi
Silver prices were down by Rs 211 to Rs 36,732 per kg in futures trade today as speculators reduced exposure, taking weak cues from global markets.

In futures trading, silver for delivery in far-month December was trading Rs 211, or 0.57%, lower at Rs 36,732 per kg in a business turnover of 3 lots at the Multi Commodity Exchange.

On similar lines, the white metal for delivery in September fell Rs 201, or 0.56%, to Rs 35,980 per kg in a business volume of 230 lots.

In the international market, silver traded 0.54% lower at $15.66 an ounce in Singapore.
 
Market analysts said reports of a weak trend in the precious metals in overseas markets led to the fall in silver prices at futures trade here.

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First Published: Jul 07 2015 | 10:57 AM IST

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