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Amid weak global trend, silver prices fell by Rs 60 to Rs 37,944 per kg in futures market today.
At the Multi Commodity Exchange, silver for delivery in far-month May traded Rs 60, or 0.16%, lower at Rs 37,944 per kg in business turnover of 12 lots.
The March contract of the metal lost Rs 46, or 0.12% to Rs 37,306 per kg in 325 lots.
Analysts said trimming of positions by speculadtors tracking a weak trend in global markets, mainly put pressure on silver prices at futures trade here.
Globally, silver fell 0.3% to $16.25 an ounce in Singapore, tumbling 17% this year after a 36% plunge in 2013.
Prices have been hurt by declining demand for the metal amid concern that slowing global growth will cut industrial usage amid an oversupply.
