Silver Futures Decline: Prices Slip Rs 199/kg - PTI
Silver prices fell on Tuesday, dropping Rs 199 to Rs 90,984 per kilogram on the Multi Commodity Exchange. Analysts attribute the decline to selling by participants.
New Delhi, Dec 17 (PTI) Silver prices on Tuesday slipped Rs 199 to Rs 90,984 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 199 or 0.22 per cent to Rs 90,984 per kg in a business turnover of 24,082 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 0.15 per cent lower at USD 30.50 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 199 or 0.22 per cent to Rs 90,984 per kg in a business turnover of 24,082 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 0.15 per cent lower at USD 30.50 per ounce in New York.
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