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Silver futures decline to ₹1.93 lakh/kg

Silver drops lower amid sell-off

Silver futures decline to ₹1.93 lakh/kg

On Thursday, silver futures prices fell by ₹673 to ₹1,93,652 per kilogram in trading. The Multi Commodity Exchange reported a decrease of 0.35 per cent for December delivery contracts. In total, 985 lots of silver contracts were traded. Analysts attributed the decline to participants reducing their positions. Meanwhile, globally, silver was down 0.95 per cent at $53.46 per ounce in New York.

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