MCX SILVERM down 32% in June series

8 May

MCX SILVERM June contract was trading at Rs 44856 down Rs 30, or 0.07 percent, at 11:07 hours IST. The SILVERM rate touched an intraday high of Rs 45020 and an intraday low of Rs 44842. So far 5797 contracts have been traded. SILVERM prices have moved down Rs 21429, or 32.33 percent in the June series so far.

MCX SILVERM August contract was trading at Rs 45563 down Rs 41, or 0.09 percent. The SILVERM rate touched an intraday high of Rs 45750 and an intraday low of Rs 45563. So far 192 contracts have been traded. SILVERM prices have moved down Rs 11599, or 20.29 percent in the August series so far.

MCX SILVERM November contract was trading at Rs 46742 up Rs 140, or 0.30 percent. The SILVERM rate touched an intraday high of Rs 46742 and an intraday low of Rs 46742. So far 1 contracts have been traded. SILVERM prices have moved up Rs 936, or 2.04 percent in the November series so far.

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2 Responses to “MCX SILVERM down 32% in June series”

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  1. Commodity bets: Buy gold, sell silver & crude | Trading Tips Expert - May 15, 2013

    […] Shah of Stayvan.com recommends buying MCX silver on dips around Rs 44,200 per kilogram. “Maintain a stop loss for this trade at Rs 43,900 per […]

  2. Silver shrinks to the lowest since 2010; follows Gold | Trading Tips Expert - May 20, 2013

    […] Silver futures on Globex platform of Comex was seen trading down by 4.67% at $21.320 per troy ounce as of 10.10 AM IST on Monday. […]

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