Silver prices fell by Rs 72 to Rs 38,970 per kg in futures trade today as speculators trimmed exposure amid a weak trend in global markets.
At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 72, or 0.18 per cent, to Rs 38,970 per kg in a business turnover of 113 lots.
In the international market, silver fell 0.16 per cent to USD 15.76 an ounce in Singapore.
Analysts attributed the fall in silver futures trade to a weak trajectory in global markets as the US dollar remained largely unchanged ahead of the US Federal Reserve Chairman Jerome Powell's first congressional testimony.
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