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Silver futures down 0.4% on global cues

Prices fell as speculators trimmed their exposures

Press Trust of India New Delhi
Last Updated : May 22 2013 | 2:08 PM IST
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 (MCX), the July contract fell by Rs 154, or 0.36%, to Rs 43,109 per kg in 910 lots.

The September contract declined by Rs 148, or 0.34%, to Rs 43,600 per kg in 42 lots.

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In Singapore, silver traded 2% lower at $22.45 an ounce.

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 22 2013 | 2:04 PM IST

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