Silver futures down 0.36% on global cues
Speculators trim exposure amid a weakening trend overseas
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Silver prices fell by 0.36% to Rs 43,109 per kg in futures trade today as speculators trimmed exposures amid a weakening trend overseas.
At the Multi Commodity Exchange, silver for delivery in July fell by Rs 154, or 0.36%, to Rs 43,109 per kg in business turnover of 910 lots.
Similarly, the metal for delivery in September declined by Rs 148, or 0.34%, to Rs 43,600 per kg in business volume of 42 lots.
In the international market, silver traded 2% lower at $22.45 an ounce in Singapore.
Analysts said a subdued trend in precious metal in the global markets led to fall in silver prices at futures trade here.
At the Multi Commodity Exchange, silver for delivery in July fell by Rs 154, or 0.36%, to Rs 43,109 per kg in business turnover of 910 lots.
Similarly, the metal for delivery in September declined by Rs 148, or 0.34%, to Rs 43,600 per kg in business volume of 42 lots.
In the international market, silver traded 2% lower at $22.45 an ounce in Singapore.
Analysts said a subdued trend in precious metal in the global markets led to fall in silver prices at futures trade here.
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First Published: May 21 2013 | 11:44 AM IST