Silver Futures Fall: Prices Drop to ₹1,06,454
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Silver prices declined by ₹39 to ₹1,06,454 per kg due to reduced bets by participants. Global silver futures also saw a slight decrease.
New Delhi, Jun 16 (PTI) Silver prices on Monday declined Rs 39 to Rs 1,06,454 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for July delivery decreased by Rs 39 or 0.04 per cent to Rs 1,06,454 per kilogram in a business turnover of 17,299 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver futures was trading 0.12 per cent lower at USD 36.25 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for July delivery decreased by Rs 39 or 0.04 per cent to Rs 1,06,454 per kilogram in a business turnover of 17,299 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver futures was trading 0.12 per cent lower at USD 36.25 per ounce in New York.
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