Silver Futures Fall Rs 225; Price at Rs 1,06,488/kg
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Silver prices declined Rs 225 to Rs 1,06,488 per kg on Wednesday due to reduced bets by participants. Global silver futures also saw a dip.
New Delhi, Jul 2 (PTI) Silver prices on Wednesday declined Rs 225 to Rs 1,06,488 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for September delivery decreased Rs 225 or 0.21 per cent to Rs 1,06,488 per kilogram in a business turnover of 17,111 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver futures was trading 0.32 per cent lower at USD 36.28 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for September delivery decreased Rs 225 or 0.21 per cent to Rs 1,06,488 per kilogram in a business turnover of 17,111 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver futures was trading 0.32 per cent lower at USD 36.28 per ounce in New York.
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