 "Silver down 0.5% on weak global trend")
Silver futures fell 0.52% to Rs 44,419 per kg today as speculators reduced positions on weak cues from global markets.
At the Multi Commodity Exchange, silver for delivery in July eased by Rs 234, or 0.52%, to Rs 44,419 per kg in a business turnover of 464 lots.
Similarly, the white metal for delivery in September lost Rs 227, or 0.50%, to Rs 44,925 per kg in 91 lots.
Meanwhile, silver slipped 0.30% to $20.97 an ounce in Singapore today.
At the Multi Commodity Exchange, silver for delivery in July eased by Rs 234, or 0.52%, to Rs 44,419 per kg in a business turnover of 464 lots.
Similarly, the white metal for delivery in September lost Rs 227, or 0.50%, to Rs 44,925 per kg in 91 lots.
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Market analysts said a weak trend overseas as stronger equities dented the precious metals' safe-haven appeal, mainly pulled down silver prices at futures trade.
Meanwhile, silver slipped 0.30% to $20.97 an ounce in Singapore today.