The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

    Silver futures drop on subdued demand

    Synopsis

    On Multi Commodity Exchange, silver contracts for May delivery tumbled by Rs 750 to Rs 67,250 per kg.

    Getty Images
    Participants reduced their bets on low demand.
    NEW DELHI: Silver futures on Thursday dropped by Rs 750 to Rs 67,250 per kg as participants reduced their bets on low demand.

    On the Multi Commodity Exchange, silver contracts for May delivery tumbled by Rs 750, or 1.1 per cent, to Rs 67,250 per kg in a business turnover of 12,466 lots.

    Similarly, silver traded lower by 0.86 per cent at USD 26.16 per ounce in New York.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    The Economic Times