Silver Prices: MCX SILVERM Nov contract slips 1%

At 16:26 hrs MCX SILVERM August contract was trading at Rs 55261.00 down Rs 655.00, or 1.17%. The SILVERM rate touched an intraday high of Rs 55821.00 and an intraday low of Rs 55110.00. So far 8288 contracts have been traded. SILVERM prices have moved down Rs 6435.00, or 10.43% in the August series so far.

At 16:26 hrs MCX SILVERM November contract was trading at Rs 56927.00 down Rs 605.00, or 1.05%. The SILVERM rate touched an intraday high of Rs 57535.00 and an intraday low of Rs 56770.00. So far 408 contracts have been traded. SILVERM prices have moved down Rs 7033.00, or 11.00% in the November series so far.