 "Silver futures down by 0.2% on overseas cues")
Amid weak global trend, silver prices fell by Rs 76 to Rs 36,772 per kg in futures market today as participants trimmed positions.
At the Multi Commodity Exchange, silver for delivery in July contracts shed Rs 76, or 0.21%, to touch Rs 36,772 per kg in a business turnover of 185 lots.
Also, the white metal for delivery in September lost Rs 62, or 0.17% to Rs 37,309 per kg in five lots.
Silver prices slipped as investors await the outcome of a Federal Reserve meeting later in the day and a gathering of European finance ministers set to discuss the debt crisis in Greece.
Globally, silver fell 0.4% to $15.98 an ounce in Singapore.
At the Multi Commodity Exchange, silver for delivery in July contracts shed Rs 76, or 0.21%, to touch Rs 36,772 per kg in a business turnover of 185 lots.
Also, the white metal for delivery in September lost Rs 62, or 0.17% to Rs 37,309 per kg in five lots.
Also Read
Analysts said reducing of positions by speculators tracking a weak trend in global markets mainly put pressure on silver prices at futures trade here.
Silver prices slipped as investors await the outcome of a Federal Reserve meeting later in the day and a gathering of European finance ministers set to discuss the debt crisis in Greece.
Globally, silver fell 0.4% to $15.98 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%