MCX SILVER down 22% in May series so far

The prices of SILVER on the MCX were trading lower. At 15:55 hrs MCX SILVER May contract was trading at Rs 51044 down Rs 429, or 0.83 percent. The SILVER rate touched an intraday high of Rs 51297 and an intraday low of Rs 50561. So far 33714 contracts have been traded. SILVER prices have moved down Rs 14457, or 22.07 percent in the May series so far.

At 15:55 hrs MCX SILVER July contract was trading at Rs 52088 down Rs 473, or 0.90 percent. The SILVER rate touched an intraday high of Rs 52314 and an intraday low of Rs 51581. So far 2419 contracts have been traded. SILVER prices have moved down Rs 12922, or 19.88 percent in the July series so far.

At 15:44 hrs MCX SILVER September contract was trading at Rs 53288 down Rs 303, or 0.57 percent. The SILVER rate touched an intraday high of Rs 53350 and an intraday low of Rs 52720. So far 23 contracts have been traded. SILVER prices have moved down Rs 4031, or 7.03 percent in the September series so far.