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Silver prices down 2% as traders prefer to sit on cash

image Silver futures dipped about 2 per cent in Tuesday’s trade as investors continued to sell assets to keep their money in cash because of heightened concerns over the economic toll of the coronavirus outbreak.

The futures have followed the trend in domestic spot markets in which prices have crumbled in the last few days.

MCX silver futures (May) were at Rs 35,605 per kg, down Rs 602 or 1.66 per cent.

In the Ahmedabad market, silver prices came down to Rs 35,726 on Monday ..

Read more at:
https://economictimes.indiatimes.com/markets/commodities/news/silver-prices-down-2-as-traders-prefer-to-sit-on-cash/articleshow/74668699.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst..........................ET

17-Mar-2020