Silver Futures Fall To Rs 2.39 Lakh/Kg On MCX - BW Businessworld

AI desk brief

MCX silver futures fell on Sept. 21, trading down to Rs 2.39 lakh/kg as precious metals stayed under pressure. The move was tied to shifting rate expectations, a firmer opportunity-cost backdrop for non-yielding metals, and ongoing sensitivity to the US dollar, Treasury yields and the rupee.

The piece also flags the dual monetary and industrial nature of silver, noting that global growth expectations, geopolitical uncertainty and demand from electronics, solar and manufacturing can all feed into price direction.