Silver Futures Plunge Rs 1,125 to Rs 94,840/kg
Silver futures tumbled on the Multi Commodity Exchange on Thursday, with prices falling by Rs 1,125 per kilogram. The decline was attributed to a sell-off by participants at existing levels in the market.
New Delhi, Feb 6 (PTI) Silver prices on Thursday plunged Rs 1,125 to Rs 94,840 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 1,125 or 1.17 per cent to Rs 94,840 per kg in a business turnover of 23,904 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 1.48 per cent lower at USD 31.83 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 1,125 or 1.17 per cent to Rs 94,840 per kg in a business turnover of 23,904 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver was trading 1.48 per cent lower at USD 31.83 per ounce in New York.
You May Like To Read
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback