Silver futures decline 0.24 pc

Silver futures decline 0.24 pc

PTIUpdated: Saturday, June 01, 2019, 12:51 AM IST
article-image

New Delhi: Silver prices fell by 0.24 per cent in futures trade today as speculators trimmed positions even as the white metal edged higher overseas. At the Multi Commodity Exchange, silver for delivery in July contracts lost Rs 88 or 0.24 per cent to Rs 36,592 per kg, with a turnover of 359 lots. Also, silver for delivery in far-month September fell by Rs 62, or 0.17 per cent down at Rs 37,165 per kg in a urnover of 11 lots. Marketmen said off-loading of positions by participants at prevailing levels mainly led to a fall in silver prices at futures trade here but a better trend overseas, capped the losses.  Globally, silver was trading higher at USD 16.14 an ounce from USD 16.10 on Friday.

RECENT STORIES

'Gutter Snan' For Aman Gupta; Instagram User Calls Him 'Fraud', Alleges Financial Irregularities...

'Gutter Snan' For Aman Gupta; Instagram User Calls Him 'Fraud', Alleges Financial Irregularities...

GST Reduction To Cut Consumer Price Index Inflation By 25 Basis Points, Could Reduce 35 BSP: SBI...

GST Reduction To Cut Consumer Price Index Inflation By 25 Basis Points, Could Reduce 35 BSP: SBI...

Government-Supported AIFs Invest ₹2,839 Crore In 154 Women-Led Startups

Government-Supported AIFs Invest ₹2,839 Crore In 154 Women-Led Startups

Insurance Laws Amendment Bill, 2025, Which Raised FDI Limit To 100%, Will Attract Capital & Support...

Insurance Laws Amendment Bill, 2025, Which Raised FDI Limit To 100%, Will Attract Capital & Support...

India Remains A Bright Spot Amid Global Uncertainty, With Robust 6.5% Growth Rate & Strong Domestic...

India Remains A Bright Spot Amid Global Uncertainty, With Robust 6.5% Growth Rate & Strong Domestic...