Silver futures down 0.4% on global cues
Prices fell as speculators trimmed their exposures
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Silver prices fell by 0.36% to Rs 43,109 per kg in futures trade today as speculators trimmed exposures amid a weakening trend overseas.
At the Multi Commodity Exchange (MCX), the July contract fell by Rs 154, or 0.36%, to Rs 43,109 per kg in 910 lots.
The September contract declined by Rs 148, or 0.34%, to Rs 43,600 per kg in 42 lots.
In Singapore, silver traded 2% lower at $22.45 an ounce.
Analysts said a subdued trend in precious metal in the global markets, led to fall in silver prices at futures trade here.
At the Multi Commodity Exchange (MCX), the July contract fell by Rs 154, or 0.36%, to Rs 43,109 per kg in 910 lots.
The September contract declined by Rs 148, or 0.34%, to Rs 43,600 per kg in 42 lots.
In Singapore, silver traded 2% lower at $22.45 an ounce.
Analysts said a subdued trend in precious metal in the global markets, led to fall in silver prices at futures trade here.
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First Published: May 22 2013 | 2:04 PM IST