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Wednesday, 3 December 2014

MCX Silver March futures prices slips at Rs 36813 down 0.60 percent

 

Silver futures prices on MCX slipped on today. At the Multi Commodity Exchange, Silver March futures contract was trading at Rs 36,813 down Rs 224, or 0.60 percent. Prices touched an intraday session high of Rs 37,077 and an intraday session low of Rs 36,710.

MCX silver May contract was trading at Rs 37,434 down Rs 205, or 0.54 percent. Prices of silver hit an intraday session high of Rs 37660 and an intraday session low of Rs 37,434.

Comex gold is sluggish and the price appears to be around $1200. Silver is seeing more fall than gold. About 0.5 per cent decline of the price on COMEX silver is trading below $16.4.

In Delhi bullion market, silver ready also dropped by Rs 100 to Rs 36,900 per kg and weekly-based delivery by Rs 270 to Rs 36,070 per kg.

Moreover, silver coins resumed their journey up and rose by another Rs 1,000 to Rs 62,000 for buying and Rs 63,000 for selling of 100 pieces in demand wedding season.

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