COMMODITY
Silver futures fall on strengthening US dollar overseas
Apr-07-2026

Silver futures fell on MCX as speculators trimmed their positions due to strengthening US dollar overseas amidst heightened geopolitical tensions in the Middle East as Trump’s deadline for Iran to reach a deal or face attacks on civilian infrastructure nears. Silver investors are heavily focused on US economic data this week, including durable goods orders, inflation figures, and FOMC minutes. 

The contract for May delivery was trading at Rs 232899.00, down by 0.21% or Rs 480.00 from its previous closing of Rs 233379.00. The open interest of the contract stood at 5852 lots.

The contract for July delivery was trading at Rs 237700.00, down by 0.12% or Rs 278.00 from its previous closing of Rs 237978.00. The open interest of the contract stood at 1228 lots on MCX.

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