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Silver futures nearly flat at ₹2.39 lakh per kg

Silver contracts for September delivery on the Multi Commodity Exchange fell by ₹31, or 0.01%, to ₹2,39,607 per kg, with a turnover of 6,876 lots

Silver futures nearly flat at ₹2.39 lakh per kg

Silver prices remained nearly unchanged at ₹2,39,607 per kilogram in futures trade on Thursday, as speculators trimmed their positions. On the Multi Commodity Exchange, silver contracts for September delivery slipped by ₹31, or 0.01%, to ₹2,39,607 per kilogram, with a trading volume of 6,876 lots. Analysts attributed the price stagnation to a sell-off by market participants. Globally, the precious metal faced a modest decline of 0.35% to $68.35 per ounce in New York.

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