Silver futures falls by 0.1% on weak global cues

Participants trimmed their positions amid a weakening trend in precious metals overseas

Press Trust of India New Delhi
Last Updated : Apr 24 2015 | 11:42 AM IST
Silver prices fell 0.07% to Rs 36,085 per kg in futures trade today as participants trimmed their positions amid a weakening trend in precious metals overseas.

At the Multi Commodity Exchange, silver for delivery in May shed Rs 26, or 0.07%, to Rs 36,085 per kg in a business turnover of 3,611 lots.

Similarly, the white metal for delivery in July declined by Rs 15, or 0.04%, to Rs 36,5342 per kg in a business volume of 36,547 lots.

Also Read

Analysts attributed the fall in silver prices at futures trade to offloading of positions by speculators on weak cues from global markets.

In the international market, silver fell by 0.1% to $15.86 an ounce in Singapore.
*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: Apr 24 2015 | 11:32 AM IST

Next Story