Silver futures weaken on Asian cues

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 3:11 AM IST

a weak trend overseas, silver prices declined 0.18% to Rs 57,300 per kg in futures trade today.

At the Multi Commodity Exchange, the May contract fell by Rs 105, or 0.18% to Rs 57,300 per kg in business turnover of 1,299 lots.

The July contract shed Rs 108, or 0.17%, to Rs 58,909 per kg in 59 lots.

Analysts said besides weak trend in the Asian region, absence of any cue from domestic markets, kept pressure on the silver prices at futures trade here.

Meanwhile, silver lost 0.58% to $32.40 an ounce in Singapore.

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First Published: Mar 28 2012 | 11:33 AM IST

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