Business Standard

Silver prices fall by Rs 16 per kg on profit-booking

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Press Trust of India New Delhi

Silver prices fell by Rs 16 to Rs 36,525 per kg in futures trade Tuesday amid profit-booking by speculators.

At the Multi Commodity Exchange, silver contracts for July delivery dipped by Rs 16, or 0.58 per cent, to Rs 36,525 per kg, clocking a business volume of 23,663 lots.

The white metal contracts for September delivery also traded lower by Rs 86, or 0.23 per cent, to Rs 36,969 per kg in 6,106 lots.

Marketmen said profit-booking at prevailing levels led to the fall in silver prices at futures trade here.

In the international market, silver rose 0.04 per cent to USD 14.65 an ounce in New York.

 

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First Published: Jun 11 2019 | 3:25 PM IST

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