 "Silver down 0.9% on global cues")
Amid a weak trend in global markets, silver prices fell by 0.48% to Rs 45,785 per kg in futures trade today, as speculators trimmed their positions.
At the Multi Commodity Exchange, silver for delivery in May fell by Rs 420, or 0.91%, to Rs 45,785 per kg in business turnover of 814 lots.
Also, the white metal for delivery in far-month July delivery contracts declined by Rs 405, or 0.86%, to Rs 46,732 per kg in business volume of 18 lots.
In the international market, silver fell as much as 1.6% to $20.61 an ounce, the lowest since February 14, in Singapore.
At the Multi Commodity Exchange, silver for delivery in May fell by Rs 420, or 0.91%, to Rs 45,785 per kg in business turnover of 814 lots.
Also, the white metal for delivery in far-month July delivery contracts declined by Rs 405, or 0.86%, to Rs 46,732 per kg in business volume of 18 lots.
Also Read
Market analysts said a subdued trend in the global markets as US jobs data backed the case for the Federal Reserve to keep on reducing stimulus, mainly weighed on silver futures here.
In the international market, silver fell as much as 1.6% to $20.61 an ounce, the lowest since February 14, 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%