Silver futures down by 0.2%
Speculators trimmed their positions even as it strengthened overseas
 "Silver futures down by 0.2%")
Silver prices fell 0.21% to Rs 34,238 per kg in futures trade today as speculators trimmed their positions even as it strengthened overseas.
In futures trading at Multi Commodity Exchange, silver for delivery in far-month May fell by Rs 73 or 0.21% to Rs 34,238 per kg in a business turnover of 25 lots.
Similarly, the metal for delivery in March contracts eased by Rs 24 or 0.07% to Rs 33,800 per kg in 1,346 lots.
Market analysts said offloading of positions by speculators at existing levels weighed on silver futures but a better trend overseas, capped the losses.
Gobally, silver rose 0.61% to $14.01 an ounce in Singapore.
In futures trading at Multi Commodity Exchange, silver for delivery in far-month May fell by Rs 73 or 0.21% to Rs 34,238 per kg in a business turnover of 25 lots.
Similarly, the metal for delivery in March contracts eased by Rs 24 or 0.07% to Rs 33,800 per kg in 1,346 lots.
Market analysts said offloading of positions by speculators at existing levels weighed on silver futures but a better trend overseas, capped the losses.
Gobally, silver rose 0.61% to $14.01 an ounce in Singapore.
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First Published: Jan 11 2016 | 12:32 PM IST