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Silver falls Rs 52 on weak global cues

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Press Trust of India New Delhi
Silver prices fell Rs 52 to Rs 39,213 per kg in futures trade today as buyers trimmed positions following weak cues from global market.

At the Multi Commodity Exchange, silver for delivery in December was trading lower by Rs 52 or 0.13 per cent to Rs 39,213 per kg in a business turnover of 187 lots.

The metal for delivery in far-month March too lost Rs 6 or 0.02 per cent to Rs 39,858 per kg in a business volume of four lots.

In the international market, silver was trading 0.12 per cent down at USD 16.81 an ounce in Singapore today.
 

Marketmen attributed the fall in silver prices at futures trade to trimming of positions by participants in sync with a weak trend in precious metals in global market.

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First Published: Oct 31 2017 | 11:07 AM IST

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