Silver prices were down by Rs 149 to Rs 40,778 per kg in futures trade today as speculators reduced their exposure amid a weak trend in global markets.
At the Multi Commodity Exchange, silver prices for delivery in far-month July traded lower by Rs 149, or 0.36 per cent, to Rs 40,778 per kg, in a business turnover of 175 lots.
Similarly, the metal for delivery in May declined Rs 147, or 0.36 per cent, to Rs 40,269 per kg, in a business volume of 776 lots.
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Analysts attributed the fall in silver prices in futures trade to a weak trajectory in global markets.
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