Silver futures decline to ₹2.34 lakh/kg
On the Multi Commodity Exchange, silver contracts for December delivery declined by ₹476, or 0.20%, to ₹2,34,310 per kg in a business turnover of 12,785 lots
Silver prices on Thursday experienced a decline of ₹476, reaching ₹2,34,310 per kilogram in futures trading. This decrease, which represented a 0.20 percent drop, occurred due to participants reducing their market bets. On the Multi Commodity Exchange, silver contracts for December delivery suffered a decline of ₹476, or 0.20 percent, settling at ₹2,34,310 per kg in a trading volume of 12,785 lots.
Analysts attributed the sell-off mainly to participants, contributing to the downward pressure on silver prices. Globally, the white metal was trading at 0.08 percent lower at $64.870 per ounce in New York.
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