Silver futures decline on subdued demand

SECTIONS
Silver futures decline on subdued demand
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Synopsis

On Multi Commodity Exchange, silver contracts for May delivery tumbled by Rs 383 to Rs 67,364 per kg.

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Participants reduced their bets on low demand.

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NEW DELHI: Silver futures on Friday dropped Rs 383 to Rs 67,364 per kg as participants reduced their bets on low demand.

On the Multi Commodity Exchange, silver contracts for May delivery tumbled by Rs 383, or 0.57 per cent, to Rs 67,364 per kg in a business turnover of 11,605 lots.

Silver traded lower by 0.55 per cent at USD 26.21 per ounce in New York.

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