 "Silver falls 0.1% on global cues")
Silver prices were marginally down by 0.08% to Rs 44,391 per kg in futures trade today as speculators trimmed positions amidst a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 36, or 0.08%, to Rs 44,391 per kg in a business turnover of 256 lots.
Similarly, the white metal for delivery in December declined by Rs 30, or 0.07%, to Rs 45,160 per kg in a business volume of five lots.
Market analysts said offloading of positions by speculators, triggered by a weak trend in global markets, led to the fall in silver prices at futures trade here.
At the Multi Commodity Exchange, silver for delivery in September traded lower by Rs 36, or 0.08%, to Rs 44,391 per kg in a business turnover of 256 lots.
Similarly, the white metal for delivery in December declined by Rs 30, or 0.07%, to Rs 45,160 per kg in a business volume of five lots.
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In the international market, silver fell by 0.40% to USD 20.25 an ounce in Singapore, the lowest since June 19.
Market analysts said offloading of positions by speculators, triggered by a weak trend in global markets, led to the fall in silver prices at futures trade here.