)
Silver prices fell by 1.16% to Rs 40,515 per kg in futures trade today as speculators booked profits amid a weak trend in the global markets.
At the Multi Commodity Exchange, silver prices for delivery in July traded lower by Rs 474, or 1.16%, to Rs 40,515 per kg in business turnover of 18 lots.
Similarly, silver prices for delivery in September declined by Rs 420, or 1.01%, to Rs 41,111 per kg in business volume of 1,148 lots.
In the international market, silver prices traded 0.15% lower at $19.69 an ounce in Singapore.
Market analysts said apart from the profit-booking by participants, a weak trend in the Asian region led to the fall in silver prices at futures trade here.
