Silver futures decline to ₹2.40 lakh/kg
On MCX, silver contracts for December delivery declined by ₹1,955, or 0.81% to ₹2,40,489 per kg in a business turnover of 2,004 lots.
Silver futures prices declined to ₹2.40 lakh per kilogram on Monday due to a reduction in participants' bets, according to a report by Hindustan Times BusinessLine. The Multi Commodity Exchange recorded a decline of Rs 1,955, or 0.81%, in silver contracts for December delivery, with a turnover of 2,004 lots at ₹2,40,489 per kg. Analysts attributed the sell-off to participants as the primary factor affecting silver prices. Globally, silver was trading 1.04% lower at USD 68.22 per ounce in New York.
Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
