 "Silver futures down 0.3% on global cues")
Silver futures for May traded by Rs 181, or 0.33%, to Rs 54,031 per kg in 1,586 lots.
At the Multi Commodity Exchange (MCX), the July contract declined by Rs 177, or 0.32%, to Rs 55,203 per kg in 111 lots.
Prices fell as speculators trimmed their positions.
Subdued trend in precious metals in the global markets were triggered as Cyprus's bailout plan that hurt demand for the safe haven, led to fall in silver futures trade here.
At the Multi Commodity Exchange (MCX), the July contract declined by Rs 177, or 0.32%, to Rs 55,203 per kg in 111 lots.
Prices fell as speculators trimmed their positions.
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In Singapore, silver traded lower at $28.81 an ounce.
Subdued trend in precious metals in the global markets were triggered as Cyprus's bailout plan that hurt demand for the safe haven, led to fall in silver futures trade here.