Moreover, profit-booking too put pressure on silver prices.
At the Multi Commodity Exchange, silver for delivery in December was trading lower by Rs 116 or 0.29 per cent to Rs 39,761 per kg in a business turnover of 358 lots.
The white metal for delivery in March next year too lost Rs 104 or 0.26 per cent to Rs 40,344 per kg in a business volume of 2 lots.
In the international market, silver was trading 0.22 per cent down at USD 16.99 an ounce in Singapore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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