Silver Prices Plummet Amid Reduced Bets

Silver prices decreased by Rs 541 to Rs 79,057 per kilogram on Tuesday. This decline comes as participants reduced their bets, impacting September delivery contracts on the Multi Commodity Exchange. Globally, silver traded 0.63% lower at USD 27.04 per ounce in New York.

Silver prices on Tuesday fell Rs 541 to Rs 79,057 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 541 or 0.68 per cent to Rs 79,057 per kg in a business turnover of 28,626 lots.

Globally, silver was trading 0.63 per cent lower at USD 27.04 per ounce in New York.