Comments
Silver futures prices moved down by 0.21 per cent to Rs 59,488 per kg today in line with a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in December fell Rs 126 or 0.21 per cent to Rs 59,488 per kg with a business turnover of 1,735 lots.
Similarly, the metal for delivery in March lost Rs 116 or 0.19 per cent to Rs 61,302 per kg with a business turnover of 62 lots.
Marketmen attributed the fall in silver futures to a weak trend overseas before the policy setting Federal Open Market Committee meeting from today amid signs that the US economy is improving.
Meanwhile, silver dropped 0.5 per cent to $32.26 an ounce in Singapore.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.