 "Silver futures down by 0.5% on weak global cues")
Amid a weakening trend overseas, silver prices fell Rs 171 to Rs 36,333 per kg in futures trade today as speculators cut down their bets.
Silver for delivery in far-month May was trading lower by Rs 171, or 0.47%, to Rs 36,333 per kg in a business turnover of 288 lots in futures trading at the Multi Commodity Exchange (MCX).
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On similar lines, the white metal for delivery this month was down by Rs 144, or 0.40%, at Rs 35,907 per kg with a business turnover of five lots.
In the international market, silver traded 0.07% lower at $14.92 an ounce in Singapore.
Market analysts said a weak trend in precious metals in global markets as stocks extended gains and the US posted better-than-expected jobs data, eroded appeal of the precious metals as an alternative investment, mainly weighed on silver futures here.
