 "Silver futures down 0.62% on profit-booking, global cues")
Silver prices fell 0.62 per cent to Rs 44,817 per kg in futures trade today amid profit-booking by speculators and a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 280, or 0.62 per cent, to Rs 44,817 per kg in a business turnover of 274 lots.
July silver declined by Rs 240, or 0.54 per cent, to Rs 44,289 per kg in a business volume of 478 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 280, or 0.62 per cent, to Rs 44,817 per kg in a business turnover of 274 lots.
July silver declined by Rs 240, or 0.54 per cent, to Rs 44,289 per kg in a business volume of 478 lots.
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In the international market, silver prices traded lower at $20.95 an ounce in Singapore from $20.96 on June 27.
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.
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