Precious Metals
Silver prices were down 0.59 per cent to Rs 44,665 per kg in futures trade today amidst profit- booking by speculators and a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 263, or 0.59 per cent, to Rs 44,665 per kg in a business turnover of 1,333 lots.
Similarly, the white metal for delivery in December declined by Rs 271, or 0.59 per cent, to Rs 45,481 per kg in a business volume of 67 lots.
In the international market, silver fell by 0.50 per cent to USD 20.80 an ounce in Singapore.
Market analysts said apart from profit-booking by participants, a weak trend in global markets led to the fall in silver prices at futures trade.
D A I L Y B U Z Z
SILVERSilver prices were down 0.59 per cent to Rs 44,665 per kg in futures trade today amidst profit- booking by speculators and a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 263, or 0.59 per cent, to Rs 44,665 per kg in a business turnover of 1,333 lots.
Similarly, the white metal for delivery in December declined by Rs 271, or 0.59 per cent, to Rs 45,481 per kg in a business volume of 67 lots.
In the international market, silver fell by 0.50 per cent to USD 20.80 an ounce in Singapore.
Market analysts said apart from profit-booking by participants, a weak trend in global markets led to the fall in silver prices at futures trade.
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