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Silver weakens in futures trade, down Rs 103

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Press Trust of India New Delhi
Silver prices fell by Rs 103 to Rs 46,360 per kg in futures trade today as speculators cut down their bets to book profits.

Silver for delivery in December was down by Rs 103 or 0.22 per cent to Rs 46,360 per kg in futures trade at the Multi Commodity Exchange. It clocked a business volume of 585 lots.

The white metal for delivery in March fell by Rs 68 to trade at Rs 47,400 per kg in a business turnover of five lots.

Market analysts said profit-booking at prevailing levels and fresh losses in the white metal overseas mainly pulled down silver prices at futures trade here.
 

In the international market, silver traded 0.13 per cent lower at USD 19.49 an ounce in Singapore.

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First Published: Sep 06 2016 | 11:22 AM IST

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