2025-12-08 12:56:58 pm | Source: Accord Fintech
Silver futures decline on MCX
Silver futures declined on MCX ahead of the crucial US Federal Reserve’s monetary policy meeting this week. However, weak dollar, strong industrial demand and tightening physical supply have limited further fall in silver prices.
The contract for March delivery was trading at Rs 183066.00, down by 0.19% or Rs 342.00 from its previous closing of Rs 183408.00. The open interest of the contract stood at 14274 lots.
The contract for May delivery was trading at Rs 185410.00, down by 0.10% or Rs 183.00 from its previous closing of Rs 185593.00. The open interest of the contract stood at 4544 lots on MCX.
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