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Silver futures down 0.26 pc on global cues

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Press Trust of India New Delhi
Last Updated : Dec 24 2013 | 11:10 AM IST
Silver prices fell by 0.26 per cent to Rs 43,800 per kg in futures trade today, tracking a weak trend in the global market.
At the Multi Commodity Exchange, silver for delivery in March fell by Rs 113, or 0.26 per cent, to Rs 43,800 per kg in business turnover of 342 lots.
Similarly, the white metal for delivery in May declined by Rs 97, or 0.22 per cent, to Rs 44,749 per kg in business volume of 3 lots.
Market analysts said a subdued trend in the global markets as US data showing a strengthening economy curbed demand for the precious metals as a haven, attributed fall in silver prices at futures trade here.
In the international market, silver fell by 0.5 per cent to USD 19.37 an ounce in Singapore.

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First Published: Dec 24 2013 | 11:10 AM IST

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