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Silver Futures Decline to Rs 2.21 Lakh per Kilogram
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News18•08-10-2026, 14:00
Silver Futures Decline to Rs 2.21 Lakh per Kilogram
- •Silver prices fell by Rs 2,361 to Rs 2,21,200 per kilogram in futures trade as participants reduced their bets.
- •On the Multi Commodity Exchange, silver contracts for December delivery declined by 1.06 percent with a business turnover of 3,097 lots.
- •Analysts noted that a sell-off by market participants primarily weighed on the domestic silver prices.
- •Globally, silver was trading 1.03 percent lower at USD 59.16 per ounce in New York.
Key Questions Answered
Silver contracts for December delivery on the Multi Commodity Exchange declined by Rs 2,361, or 1.06 per cent, to trade at Rs 2,21,200 per kilogram.
Analysts noted that the downward movement in silver prices was primarily weighed down by a sell-off as market participants reduced their bets.
In New York, the white metal traded lower globally, dropping 1.03 per cent to reach USD 59.16 per ounce.