Silver Futures Drop: Rs 86,978/kg - PTI
Silver prices fell Rs 209 to Rs 86,978 per kg on Friday, driven by reduced bets from participants. Analysts attribute the decline to selling at existing levels. Read more.
New Delhi, Dec 20 (PTI) Silver prices on Friday fell Rs 209 to Rs 86,978 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 209 or 0.24 per cent to Rs 86,978 per kg in a business turnover of 35,385 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 0.14 per cent lower at USD 29 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 209 or 0.24 per cent to Rs 86,978 per kg in a business turnover of 35,385 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 0.14 per cent lower at USD 29 per ounce in New York.
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