Amid a weak trend overseas, silver prices fell Rs 93 to Rs 34,305 per kg at the futures trade today as speculators trimmed positions.
Silver for delivery in far-month May 2016 traded lower by Rs 93 or 0.27 per cent to Rs 25,724 per kg in a business turnover of four lots in futures trading at the Multi Commodity Exchange (MCX).
On similar lines, the white metal for delivery in March was trading lower by Rs 79 or 0.23 per cent at Rs 33,904 per kg with a business turnover of 240 lots.
In the international market, silver was little changed at $13.91 an ounce in Singapore.
Market analysts said a weak trend in precious metals in global markets largely kept pressure on silver futures.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.