Silver prices marginally lowered by Rs 13, or 0.05 per cent, to Rs 28,731 per kg in futures market today on reduced offtake in the spot market amid weakening global trend.
At the Multi Commodity Exchange counter, silver for delivery in December-month declined by Rs 13, or 0.05 per cent, to Rs 28,731 per kg, with an open interest of 1,165 lots.
The metal for delivery in September lost Rs 8, or 0.03 per cent, to Rs 28,622 per kg, with an open interest of 18,071 lots.
Market analysts said reduced offtake in the spot market amid weakening trend in silver prices at overseas markets, helped the metal to trade lower at futures trade.
Meanwhile, silver traded lower by 0.11 per cent to $17.68 an ounce in Asian region.
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