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At the Multi Commodity Exchange (MCX), the May contract declined by Rs 146, or 0.27%, to Rs 57,421 per kg in 6,016 lots.
Sbdued domestic demand affected the trade.
Subdued global market trends as signs of economic optimism curbed demand for the precious metals as a haven, triggered fall in silver futures trade here.
In Singapore, silver fell 1.9% to $29.43 an ounce.
