Silver prices eased by 0.93 per cent to Rs 37,756 per kg in futures trade Wednesday as investors cut down their bets taking weak cues from overseas markets.
Also, profit-booking at existing levels by speculators weighed on silver prices.
At the Multi Commodity Exchange, silver for delivery in July contracts was trading lower by Rs 356, or 0.93 per cent, to Rs 37,756 per kg, in a business turnover of 18,890 lots.
Similarly, the white metal for delivery in September eased by Rs 419, or 1.08 per cent, to Rs 38,250 per kg in a business turnover of 2,240 lots.
Traders said off-loading of positions by participants due to a weak global trend led to the fall in silver futures.
Globally, silver shed 0.03 per cent to USD 14.89 an ounce in Singapore.
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