Comments
Tracking a weak trend overseas, silver prices fell Rs 103 to Rs 35,761 per kg at the futures trade today as speculators engaged in off-loading positions.
On the Multi Commodity Exchange, silver for delivery in far-month December lost Rs 103 or 0.29 per cent to Rs 35,761 per kg with a turnover of 119 lots.
Also, the white metal for delivery in September was trading down by Rs 94 or 0.27 per cent at Rs 34,284 per kg in a business turnover of 267 lots.
Marketmen said a weak trend in global markets, as investors weighed comments from Federal Reserve officials reflecting on a potential interest rate increase in the US, mainly kept pressure on silver futures here.
Globally, the white metal dropped 0.3 per cent to $14.55 an ounce in Singapore today.
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.