 "Silver futures down 0.2% on global cues")
Amid a weakening trend overseas, silver prices fell by 0.25% to Rs 43,503 per kg in futures trade today as speculators trimmed positions.
At the Multi Commodity Exchange, silver for delivery in July traded lower by Rs 108, or 0.25%, to Rs 43,503 per kg in business turnover of 2,370 lots.
Similarly, silver for delivery in September declined by Rs 107, or 0.24%, to Rs 44,120 per kg in business volume of 85 lots.
Market analysts said a weak trend in precious metals in the global markets on speculation central banks will refrain from adding more stimulus to bolster global growth, weighed on silver futures here.
At the Multi Commodity Exchange, silver for delivery in July traded lower by Rs 108, or 0.25%, to Rs 43,503 per kg in business turnover of 2,370 lots.
Similarly, silver for delivery in September declined by Rs 107, or 0.24%, to Rs 44,120 per kg in business volume of 85 lots.
Also Read
In the international market, silver traded 0.32% lower at $21.61 an ounce in Singapore.
Market analysts said a weak trend in precious metals in the global markets on speculation central banks will refrain from adding more stimulus to bolster global growth, weighed on silver futures here.