NEW DELHI, Mar 26: Silver prices fell by 0.33 per cent to Rs 54,031 per kg in futures trade today as speculators trimmed their positions, taking weak cues from the global markets.
At the Multi Commodity Exchange, silver for delivery in May traded by Rs 181, or 0.33 per cent, to Rs 54,031 per kg in business turnover of 1,586 lots.
Similarly, the white metal for delivery in July declined by Rs 177, or 0.32 per cent, to Rs 55,203 per kg in business volume of 111 lots.
In the international market, silver traded lower at USD 28.81 an ounce in Singapore.
Market analysts said a subdued trend in precious metals in the global markets as Cyprus’s bailout plan hurting demand for the safe haven, led to fall in silver prices at futures trade here. (PTI)
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