Silver for delivery in March was trading sharply lower by Rs 528, or 1.27 per cent, at Rs 41,200 per kg in a business turnover of 879 lots in futures trading at the Multi Commodity Exchange (MCX).
On similar lines, the white metal for delivery in far-month May slumped Rs 527, or 1.23 per cent, at Rs 41,822 per kg, with a business turnover of 10 lots.
In the international market, silver traded 1.13 per cent lower at USD 16.61 an ounce in Singapore.
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