Silver futures plunge Rs 211 on weak global cues
Traders pare positions as metal loses 2.17% in Singapore, on expectations of a US interest rate hike
 "Silver futures plunge Rs 211 on weak global cues")
Silver for delivery in May was trading lower by Rs 211, or 0.60 per cent, at Rs 34,980 per kg in a business turnover of 11 lots in futures trading at Multi Commodity Exchange (MCX).
March silver plunged Rs 189, or 0.54 per cent, at Rs 34,582 per kg with a business turnover of 338 lots.
In the international market, silver traded 2.17 per cent lower at $14.23 an ounce in Singapore.
Market analysts said a weak trend in precious metals in global markets as precious metals hold decline on looming the US rate rise, kept pressure on silver futures.