New Delhi: Silver prices fell by Rs 603 to Rs 61,197 per kg in futures trade today after participants reduced positions amid a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in December fell by Rs 603, or 0.98 per cent, to Rs 61,197 per kg, with a business turnover of 15,356 lots. Similarly, the metal for delivery in March moved down by Rs 608, or 0.96 per cent, to Rs 62,898 per kg, with a business turnover of 562 lots.
Marketmen said a weak trend in global markets mainly pulled down silver prices at futures trade.
Meanwhile, silver slumped 2.2 per cent to USD 33.77 an ounce in Singapore.
