Business Standard

Silver futures fall by Rs 52 on profit-booking


Press Trust of India New Delhi
Silver prices fell by Rs 52 to Rs 38,654 per kg in futures trade Monday amid profit-booking by speculators at current levels.
A firm trend overseas, however, restricted the losses.
At the Multi Commodity Exchange, silver for delivery in March traded lower by Rs 52, or 0.13 per cent, to Rs 38,654 per kg. It clocked a business volume of 17,688 lots.
The white metal to be delivered in far-month May was down by Rs 103, or 0.26 per cent, to Rs 39,157 per kg in 493 lots.
Marketmen said profit-booking at prevailing levels led to the fall in silver prices at futures trade here.
Silver rose 0.56 per cent to USD 15.41 an ounce in Singapore.

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First Published: Dec 31 2018 | 2:25 PM IST

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