NEW DELHI, Mar 21: Silver prices fell by 0.36 per cent to Rs 45,742 per kg in futures trade today as speculators engaged in reducing their positions largely in tune with a weakening trend overseas .
At the Multi Commodity Exchange, silver for delivery in far-month July traded lower by Rs 163, or 0.36 per cent, to Rs 45,742 per kg in business turnover of 34 lots.
Similarly, the white metal for delivery in May declined by Rs 152, or 0.34 per cent, to Rs 44,840 per kg in business volume of 765 lots.
In the international market, silver fell 1.65 per cent to USD 20.27 an ounce in New York yesterday.
Market analysts said a subdued trend in precious metals in the global markets after the US Federal Reserve indicated that it would raise interest rates next year, curbing demand for the safe-haven, put pressure on silver futures trade here. (AGENCIES)
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