Monday, 11 March 2019

Silver Futures Fall 0.22% On Overseas Cues

Silver prices fell 0.22 percent to Rs 38,644 per kg in futures trade Monday as speculators cut positions amid a weak trend overseas.

At the Multi Commodity Exchange, silver for delivery in May moved down by Rs 84, or 0.22 percent, to Rs 38,644 per kg in business turnover of 842 lots. Similarly, the April contract of white metal fell by Rs 80, or 0.21 percent to Rs 38,679 per kg in 1,265 lots.

Analysts said cutting down of positions by speculators in line with a weak trend overseas led to the fall in futures.
Globally, silver was quoting lower by 0.20 percent to USD 15.38 an ounce in New York.

For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ - 0731-2428906 | Toll Free - 1800-123-2353
Give a Missed Call for Free Trial - 09699997717

No comments:

Post a Comment

Powered by Blogger.

Twitter