Silver Futures Slip to Rs 1,00,729/kg - MCX
Silver prices on the MCX dropped Rs 9 to Rs 1,00,729 per kg on Monday, driven by reduced bets by participants. Analysts attribute the decline to sell-off at current market levels.
New Delhi, Mar 17 (PTI) Silver prices on Monday depreciated Rs 9 to Rs 1,00,729 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for May delivery dropped Rs 9 or 0.01 per cent to Rs 1,00,729 per kg in a business turnover of 22,985 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver futures was trading 0.15 per cent higher at USD 33.84 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for May delivery dropped Rs 9 or 0.01 per cent to Rs 1,00,729 per kg in a business turnover of 22,985 lots.
Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.
Globally, silver futures was trading 0.15 per cent higher at USD 33.84 per ounce in New York.
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