Silver down 0.3% on global cues

Market analysts said a weak trend in precious metals in the global markets weighed on silver futures

Press Trust of India New Delhi
Last Updated : Jan 28 2015 | 12:35 PM IST
Amid a weakening trend overseas, silver prices fell 0.32% to Rs 40,080 per kg in futures trade today as speculators trimmed positions.

At the Multi Commodity Exchange, silver for delivery in far-month May traded lower by Rs 129, or 0.32%, to Rs 40,080 per kg in business turnover of 35 lots.

Similarly, the white metal for delivery in March declined by Rs 120, or 0.30%, to Rs 39,410 per kg in business volume of 828 lots.

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In the international market, silver traded 0.30% lower at USD 18.01 an ounce in Singapore.

Market analysts said a weak trend in precious metals in the global markets weighed on silver futures here.

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First Published: Jan 28 2015 | 12:30 PM IST

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