 "Silver futures down 0.63% on global cues")
Silver prices fell by 0.63 per cent to Rs 34,490 per kg in futures trade today amid a weak trend in the global market as strengthening dollar reduced appeal of the precious metal.
At the Multi Commodity Exchange, silver for delivery in December fell by Rs 217, or 0.63 per cent, to Rs 34,490 per kg in a business turnover of 1,103 lots.
The March contract declined by Rs 217, or 0.61 per cent, to Rs 35,201 per kg in a business volume of 34 lots.
In the international market, silver slid 0.70 per cent to $15.55 an ounce in Singapore.
At the Multi Commodity Exchange, silver for delivery in December fell by Rs 217, or 0.63 per cent, to Rs 34,490 per kg in a business turnover of 1,103 lots.
The March contract declined by Rs 217, or 0.61 per cent, to Rs 35,201 per kg in a business volume of 34 lots.
Also Read
Market analysts said a subdued trend in the precious metals overseas as oil prices at four-year low and strengthening dollar eroded demand for an inflation hedge, led to fall in silver prices at futures trade here.
In the international market, silver slid 0.70 per cent to $15.55 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%