Thursday, 7 March 2019

Silver Weakens In Futures Trade

Silver prices fell by Rs 94 to Rs 38,071 per kg in futures trade on March 7 as speculators cut down bets to book profit despite a firm trend overseas. Silver to be delivered in May was down by Rs 94, or 0.25 percent, to Rs 38,071 per kg at the Multi Commodity Exchange. It clocked a business volume of 19,365 lots.

Silver for delivery in July also traded lower by Rs 153, or 0.40 percent, at Rs 38,575 per kg in a business turnover of 261 lots.

In the international market, silver traded 0.19 per cent higher at USD 15.03 an ounce in Singapore.

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