COMMODITY
Silver futures trade lower on MCX
Apr-09-2026

Silver futures traded lower on MCX after minutes from the US Federal Reserve’s March 17-18 meeting showed that a growing number of policymakers favour further rate hikes to bring inflation closer to the 2% target, particularly amid risks linked to the Iran war. Market sentiment also remained subdued amid uncertainty over the direction of US-Iran ceasefire talks.

The contract for May delivery was trading at Rs 236925.00, down by 1.25% or Rs 2993.00 from its previous closing of Rs 239918.00. The open interest of the contract stood at 5784 lots.

The contract for July delivery was trading at Rs 242049.00, down by 1.16% or Rs 2835.00 from its previous closing of Rs 244884.00. The open interest of the contract stood at 1253 lots on MCX.


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