Silver futures fall by ₹66 to ₹1,11,420 per kg

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NEW DELHI: Silver prices declined by ₹66 to ₹1,11,420 per kilogram on Wednesday as traders trimmed their positions.

At the Multi Commodity Exchange (MCX), silver futures for September delivery fell ₹66, or 0.06%, to ₹1,11,420 per kg, with a turnover of 18,423 lots.

According to analysts, profit booking by participants at prevailing price levels led to the decline in domestic prices.

Meanwhile, in global markets, silver was trading 0.38% higher at USD 37.84 per ounce in New York.

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