At the Multi Commodity Exchange, silver for delivery in far-month July lost Rs 177, or 0.44 per cent, to Rs 40,394 per kg, in a business turnover of 12 lots.
Similarly, the white metal for delivery in May was trading lower by Rs 153, or 0.38 per cent, to Rs 39,930 per kg, in a business volume of 12 lots.
In the international market, silver slumped 0.65 per cent to USD 16.84 an ounce in New York yesterday.
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