Wednesday 25 January 2017

Silver futures down 0.76 pc; hurt by weak global cues

Taking weak cues from overseas markets, silver costs dropped with the aid of 0.seventy six per cent to Rs 41,400 per kg in futures trading lately, as members cut down their bets.
additionally, revenue-booking at prevailing levels with the aid of speculators weighed on silver costs.

on the Multi Commodity change, silver for delivery in March was once trading lower through Rs 318, or 0.76 per cent, to Rs 41,400 per kg, in a industry turnover of 759 a lot.

in a similar way, the white metallic for supply in far-month may just was once down with the aid of Rs 298, or 0.70 per cent, to Rs 42,000 per kg in 21 so much.

merchants said offloading of positions via members because of a weak international development primarily ended in the autumn in silver costs at futures change.
Globally, silver shed zero.26 per cent to USD 17.01 an oz. in Singapore.
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