Silver futures falls by 0.1% on weak global cues

Participants trimmed their positions amid a weakening trend in precious metals overseas

Press Trust of India New Delhi
Last Updated : Apr 24 2015 | 11:42 AM IST
Silver prices fell 0.07% to Rs 36,085 per kg in futures trade today as participants trimmed their positions amid a weakening trend in precious metals overseas.

At the Multi Commodity Exchange, silver for delivery in May shed Rs 26, or 0.07%, to Rs 36,085 per kg in a business turnover of 3,611 lots.

Similarly, the white metal for delivery in July declined by Rs 15, or 0.04%, to Rs 36,5342 per kg in a business volume of 36,547 lots.

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Analysts attributed the fall in silver prices at futures trade to offloading of positions by speculators on weak cues from global markets.

In the international market, silver fell by 0.1% to $15.86 an ounce in Singapore.

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First Published: Apr 24 2015 | 11:32 AM IST

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