 "Silver down 0.5% in futures trade")
Tracking a weak trend overseas, silver prices fell by 0.53% to Rs 41,739 per kg in futures trade today as speculators engaged in offloading positions.
At the Multi Commodity Exchange, silver for delivery in May lost Rs 233, or 0.53%, to Rs 41,739 per kg, with a turnover of 2,417 lots.
Similarly, silver for delivery in July dropped by Rs 187, or 0.44%, to Rs 42,506 per kg, in a business turnover of 1,467 lots.
Meanwhile, silver dropped 0.77% to USD 19.29 an ounce in Singapore.
At the Multi Commodity Exchange, silver for delivery in May lost Rs 233, or 0.53%, to Rs 41,739 per kg, with a turnover of 2,417 lots.
Similarly, silver for delivery in July dropped by Rs 187, or 0.44%, to Rs 42,506 per kg, in a business turnover of 1,467 lots.
Also Read
Analysts said a weak trend in global markets on speculation that the Federal Reserve will further reduce US monetary stimulus at a two-day policy meeting that concludes today, weighed on silver futures here.
Meanwhile, silver dropped 0.77% to USD 19.29 an ounce in Singapore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%