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

India’s Trade Deficit Narrows To $18.78 Billion In June, Services Surplus & Import Drop Aid...

India’s Trade Deficit Narrows To $18.78 Billion In June, Services Surplus & Import Drop Aid...

AWL Agri Business Q1 FY26 Revenue Surges 21% YoY, Edible Oil Segment Drives Record Performance

AWL Agri Business Q1 FY26 Revenue Surges 21% YoY, Edible Oil Segment Drives Record Performance

SEBI Announces Settlement Scheme For Venture Capital Funds, Opens July 21; Ends January 19 Next Year

SEBI Announces Settlement Scheme For Venture Capital Funds, Opens July 21; Ends January 19 Next Year

Tariff War: Trump’s Stern Warning To Russia, Says - End War In 50 Days Or Face 100% Tariffs

Tariff War: Trump’s Stern Warning To Russia, Says - End War In 50 Days Or Face 100% Tariffs

iPhone 17 Components Arrive At Foxconn Facility In India: Report

iPhone 17 Components Arrive At Foxconn Facility In India: Report