MCX Silver July contract trades lower

At 10:47 hrs MCX SILVER May contract was trading at Rs 42248 down Rs 220, or 0.52 percent. The SILVER rate touched an intraday high of Rs 42349 and an intraday low of Rs 42230. So far 1148 contracts have been traded. SILVER prices have moved down Rs 803, or 1.87 percent in the May series so far. MCX SILVER July contract was trading at Rs 43000 down Rs 212, or 0.49 percent. The SILVER rate touched an intraday high of Rs 43087 and an intraday low of Rs 42981. So far 508 contracts have been traded. SILVER prices have moved down Rs 10423, or 19.51 percent in the July series so far.