 "Silver falls 0.74% on profit-booking")
Silver prices fell by 0.74% to Rs 45,727 per kg in futures trade today amidst profit-booking by speculators and a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 341, or 0.74%, to Rs 45,727 per kg in a business turnover of 753 lots.
Similarly, the white metal for delivery in December declined by Rs 356, or 0.72%, to Rs 46,581 per kg in a business volume of 33 lots.
Market analysts said apart from profit-booking by participants, a weak trend in global markets led to the fall in silver prices at futures trade here.
At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 341, or 0.74%, to Rs 45,727 per kg in a business turnover of 753 lots.
Similarly, the white metal for delivery in December declined by Rs 356, or 0.72%, to Rs 46,581 per kg in a business volume of 33 lots.
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In the international market, silver traded lower at $21.43 an ounce in Singapore from $21.44 on July 11.
Market analysts said apart from profit-booking by participants, a weak trend in global markets led to the fall in silver prices at futures trade here.