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Silver futures fall 0.01 pc to Rs 36,700/kg

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Press Trust of India New Delhi

Amid profit-booking by traders, silver prices fell by 0.01 per cent to Rs 36,700 per kg Friday even as the metal strengthened overseas.

On the Multi Commodity Exchange, silver for delivery in July contracts fell by Rs 5, or 0.01 per cent, to Rs 36,700 per kg in a business turnover of 27,503 lots.

Traders said off-loading of positions by participants to book profits led to the fall in silver prices here. However, a firm trend in global market capped the fall.

Globally, however, the white metal gathered steam. The metal was trading higher by 0.68 per cent to USD 14.63 an ounce in Singapore.

 

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First Published: May 03 2019 | 2:30 PM IST

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