Silver futures down 0.24 pct on profit-booking,global cues

silver shed 0.23 per cent to USD 21.41 an ounce in Singapore today.

Written by PTI | New Delhi | Published: August 14, 2013 1:12 pm

Taking weak cues from the global market and profit-booking by speculators,silver futures prices today fell by 0.24 per cent to Rs 46,156 per kg.

At the Multi Commodity Exchange,silver prices for delivery in September fell by Rs 112,or 0.24 per cent,to Rs 46,156 per kg in business turnover of 1,551 lots.

Similarly,the white metal prices for delivery in December shed Rs 100,or 0.21 per cent,at Rs 47,402 per kg in 75 lots.

Analysts said a weak trend in the precious metals overseas and profit-booking at current levels by speculators,mainly weighed on silver prices at futures trade here.

Meanwhile,silver shed 0.23 per cent to USD 21.41 an ounce in Singapore today.

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