Silver Prices Decline: Futures Drop on Reduced Bets

Aug 29, 2025 12:47

Silver futures fell Rs 144 to Rs 1,17,030 per kg as participants reduced bets. MCX silver contracts for September delivery decreased 0.12%.

New Delhi, Aug 29 (PTI) Silver prices on Friday declined Rs 144 to Rs 1,17,030 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery decreased Rs 144, or 0.12 per cent, to Rs 1,17,030 per kilogram in a business turnover of 4,879 lots.

Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.

Globally, silver was trading 0.57 per cent lower at USD 38.82 per ounce in New York.

Source: PTI

MORE NEWS

Gold Hits Record High: Rs 1.37 Lakh in Delhi

Gold prices surge to a new lifetime high of Rs 1.37 lakh/10g in Delhi, driven by global...

India, EU Trade Pact: Narrowing Differences

India and EU negotiate trade pact, addressing difficult issues like CBAM. Aiming for a...

Delhivery Launches Intra-City Shipping in...

Delhivery launches on-demand intra-city shipping in Mumbai & Hyderabad. Pickups within...

Renny Strips Files for IPO to Raise Rs 300 Cr

Renny Strips Ltd files IPO papers with Sebi to raise Rs 300 cr via fresh issue. Funds...

Nasscom & Applied Materials: STEM Labs in...

Nasscom Foundation & Applied Materials India launch STEM labs in Karnataka govt...

India-New Zealand FTA Talks Nearing Completion

India and New Zealand are expected to finalize a free trade agreement soon. Talks are...

IHH Healthcare Expands India Capacity to 7,000...

IHH Healthcare plans to expand its India capacity to 7,000 beds by 2028 after Fortis...

Suresh Goyal Appointed NCAER Director General

Suresh Goyal appointed as the new Director General of NCAER, succeeding Poonam Gupta....

Small Note Shortage: AIRBEA Seeks RBI Action

AIRBEA flags acute shortage of Rs 10, Rs 20, Rs 50 notes, impacting daily transactions....

Hilton & NILE: Hampton by Hilton Expansion in...

Hilton partners with NILE Hospitality to open five Hampton by Hilton hotels in India....

Silver Prices Decline: Futures Drop on Reduced Bets

You May Like To Read

MORE NEWS