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    Silver futures drop on subdued demand

    Synopsis

    Silver contracts for December delivery tumbled Rs 131, or 0.22 percent, to Rs 59,490 per kg in a business turnover of 10,245 lots.

    silverGetty Images
    Globally, silver traded 0.60 per cent lower at USD 23.27 per ounce in New York.
    Silver futures dropped Rs 131 to Rs 59,490 per kg on Wednesday as participants reduced their bets on low demand.

    On the Multi Commodity Exchange, silver contracts for December delivery tumbled Rs 131, or 0.22 per cent, to Rs 59,490 per kg in a business turnover of 10,245 lots.

    Globally, silver traded 0.60 per cent lower at USD 23.27 per ounce in New York.



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    (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.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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