NEW DELHI, Nov 11: Silver futures today fell over 1 per cent to Rs 34,392 per kg as participants engaged in trimming positions, largely in tandem with a weakening trend overseas.
At the Multi Commodity Exchange, the December contracts of silver traded lower by Rs 353, or 1.02 per cent, to Rs 34,392 per kg in a business turnover of 943 lots.
The far-month March 2015 contracts fell by Rs 341, or 0.96 per cent, to Rs 35,080 per kg in business volume of 30 lots.
In Singapore, silver slide as much as 0.70 per cent to USD 15.50 an ounce.
Analysts said weakening trend overseas as surging dollar hurting the precious metals’ demand, mainly put pressure on the silver prices at futures trade here. (PTI)
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