Latest News | Silver Futures Fall on Reduced Bets

New Delhi, May 20 (PTI) Silver prices on Tuesday declined Rs 181 to Rs 95,272 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for July delivery depreciated by Rs 181 or 0.19 per cent to Rs 95,272 per kg in a business turnover of 21,096 lots.

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Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.

In overseas markets, silver futures was trading 0.14 per cent lower at USD 32.31 per ounce in New York.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)