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Tracking a weak global trend and profit-booking, silver prices moved down by 0.24% to Rs 38,779 per kg in futures trade today.
At the Multi Commodity Exchange, silver for delivery in December moved down by Rs 93, or 0.24% to Rs 38,779 per kg in business turnover of 597 lots.
Similarly, the white metal for delivery in March 2015 declined by Rs 62, or 0.16% to Rs 39,494 per kg in seven lots.
Market analysts said speculators trimming positions in tandem with a weak global trend, mainly weighed on the silver prices at futures trade.
Meanwhile, in Singapore, silver eased to $17.38 from $17.39 an ounce yesterday.
