Silver futures decline by 0.2%

Speculators trimmed positions even as the white metal edged higher overseas

Press Trust of India New Delhi
Last Updated : Jun 22 2015 | 11:16 AM IST
Silver prices fell by 0.24% in futures trade today as speculators trimmed positions even as the white metal edged higher overseas.

At the Multi Commodity Exchange, silver for delivery in July contracts lost Rs 88 or 0.24% to Rs 36,592 per kg, with a turnover of 359 lots.

Also, silver for delivery in far-month September fell by Rs 62, or 0.17% down at Rs 37,165 per kg in a turnover of 11 lots.

Also Read

Marketmen said off-loading of positions by participants at prevailing levels mainly led to a fall in silver prices at futures trade here but a better trend overseas, capped the losses.

Globally, silver was trading higher at $16.14 an ounce from $16.10 on Friday.
*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

More From This Section

First Published: Jun 22 2015 | 10:57 AM IST

Next Story