Silver futures fall by 0.2% on weak overseas cues
Speculators trimmed their exposure amid a weak trend in global markets
 "Silver futures fall by 0.2% on weak overseas cues")
Silver prices fell by 0.19% to Rs 41,715 per kg in futures trade today as speculators trimmed their exposure amid a weak trend in global markets.
At Multi Commodity Exchange, silver for delivery in July traded lower by Rs 80 or 0.19% to Rs 41,715 per kg in a business turnover of 315 lots.
Similarly, the metal for delivery in far-month September declined by Rs 77 or 0.18% to Rs 42,470 per kg in a business volume of 2 lots.
In the international market, silver fell 0.03% to $17.47 an ounce in Singapore.
Analysts attributed the fall in silver in futures trade to a weak trend in the precious metals in global markets.
At Multi Commodity Exchange, silver for delivery in July traded lower by Rs 80 or 0.19% to Rs 41,715 per kg in a business turnover of 315 lots.
Similarly, the metal for delivery in far-month September declined by Rs 77 or 0.18% to Rs 42,470 per kg in a business volume of 2 lots.
In the international market, silver fell 0.03% to $17.47 an ounce in Singapore.
Analysts attributed the fall in silver in futures trade to a weak trend in the precious metals in global markets.
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First Published: Jun 21 2016 | 11:22 AM IST