 "Silver down by 0.2% in futures trade")
Silver prices fell by Rs 90 to Rs 40,475 per kg in futures trade today as speculators cut down their bets.
Silver for delivery in May was down by Rs 90, or 0.22%, to Rs 40,475 per kg in futures trading at the Multi Commodity Exchange. It clocked a business volume of 658 lots.
The white metal for delivery in far-month July fell by Rs 74 to trade at Rs 41,149 per kg, in a business turnover of 98 lots.
Market analysts said profit-booking at prevailing levels mainly pulled down silver prices at futures trade here but a firm trend in the precious metals overseas, limited the losses.
In the international market, silver traded 0.20% higher at $17.25 an ounce in Singapore.
Silver for delivery in May was down by Rs 90, or 0.22%, to Rs 40,475 per kg in futures trading at the Multi Commodity Exchange. It clocked a business volume of 658 lots.
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The white metal for delivery in far-month July fell by Rs 74 to trade at Rs 41,149 per kg, in a business turnover of 98 lots.
Market analysts said profit-booking at prevailing levels mainly pulled down silver prices at futures trade here but a firm trend in the precious metals overseas, limited the losses.
In the international market, silver traded 0.20% higher at $17.25 an ounce in Singapore.