 "Silver down by 0.8% on weak global cues")
Silver prices were down by Rs 308 to Rs 37,950 per kg in futures trade today, tracking a weak trend overseas amid profit-booking by speculators.
In futures trading, silver for delivery in far-month July contracts lost Rs 308 or 0.81% to trade at Rs 37,950 per kg in a business turnover of 301 lots.
Similarly, the white metal for delivery in May declined by Rs 274 or 0.73% to Rs 37,440 per kg in a business volume of 366 lots.
Market analysts said apart from profit-booking by participants, a weak trend in precious metals in the Asian region led to the fall in silver prices at futures trade here.
In futures trading, silver for delivery in far-month July contracts lost Rs 308 or 0.81% to trade at Rs 37,950 per kg in a business turnover of 301 lots.
Similarly, the white metal for delivery in May declined by Rs 274 or 0.73% to Rs 37,440 per kg in a business volume of 366 lots.
Also Read
In Singapore, silver traded 0.45% lower at $16.47 an ounce.
Market analysts said apart from profit-booking by participants, a weak trend in precious metals in the Asian region led to the fall in silver prices at futures trade here.
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%