Silver Futures Drop: Rs 63 to Rs 95,270/kg
Silver prices fell on Monday as participants reduced their bets, slipping Rs 63 to Rs 95,270 per kilogram on the Multi Commodity Exchange. Global silver also traded lower.
New Delhi, Feb 10 (PTI) Silver prices on Monday fell Rs 63 to Rs 95,270 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 63 or 0.07 per cent to Rs 95,270 per kg in a business turnover of 22,714 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 0.65 per cent lower at USD 32.02 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 63 or 0.07 per cent to Rs 95,270 per kg in a business turnover of 22,714 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 0.65 per cent lower at USD 32.02 per ounce in New York.
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