Moneycontrol
Last Updated : Nov 05, 2018 01:59 PM IST | Source: PTI

Silver weakens in futures trade, down Rs 76

Silver to be delivered in December was down by Rs 76, or 0.20 per cent, to Rs 38,544 per kg at the Multi Commodity Exchange. It clocked a business volume of 571 lots.

Silver prices fell by Rs 76 to Rs 38,544 per kg in futures trade on Monday as speculators cut down their bets to book profits amid a weak trend overseas.

Silver to be delivered in December was down by Rs 76, or 0.20 per cent, to Rs 38,544 per kg at the Multi Commodity Exchange. It clocked a business volume of 571 lots.

Silver for delivery in November, too, was trading lower by Rs 72, or 0.19 per cent, to Rs 38,581 per kg in a business turnover of 815 lots.

Market analysts said profit-booking at current levels and fresh losses in the white metal overseas, mainly led to the fall in silver prices in futures trade here. In the international market, silver traded 0.14 per cent lower at USD 14.80 an ounce in Singapore.
First Published on Nov 5, 2018 01:55 pm
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