 "Silver futures down 0.4% on global cues")
Tracking a weak trend in the precious metals overseas, silver prices fell by 0.45% to Rs 44,244 per kg in futures trade today as speculators reduced their exposures.
At the Multi Commodity Exchange, silver for delivery in July fell by Rs 201, or 0.45%, to Rs 44,244 per kg in business turnover of 468 lots.
On the similar lines, the white metal for delivery in far-month September declined by Rs 182, or 0.41%, to Rs 44,683 per kg in business volume of 21 lots.
In the international market, silver fell 0.1% to $20.86 an ounce in Singapore.
At the Multi Commodity Exchange, silver for delivery in July fell by Rs 201, or 0.45%, to Rs 44,244 per kg in business turnover of 468 lots.
On the similar lines, the white metal for delivery in far-month September declined by Rs 182, or 0.41%, to Rs 44,683 per kg in business volume of 21 lots.
Also Read
Market analysts said besides profit-booking, a subdued trend in precious metals overseas as investors assessed the US economic recovery and the impact on borrowing costs, amidst signs of slowing physical demand, attributed fall in silver prices in futures trade here.
In the international market, silver fell 0.1% to $20.86 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%