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Commodities

Silver Futures Stabilize on MCX Amid Global Decline

Guavy AI Editorial Team
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Silver
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Silver futures have stabilized on the Multi Commodity Exchange (MCX) at Rs 2,39,607 per kilogram, despite a global decline in prices. The September delivery contracts saw a slight decrease of Rs 31 or 0.01% to Rs 2,39,607 per kg, with a business turnover of 6,876 lots.

Analysts point out that the sell-off by participants has weighed on silver prices. Globally, the white metal is trading 0.35% lower at USD 68.35 per ounce in New York.

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