NEW DELHI: Silver prices fell by 0.63 per cent to Rs 42,710 per kg in futures trade today as speculators booked profits amid a weak trend in global markets.
At the Multi Commodity Exchange, silver prices for delivery in far-month December traded lower by Rs 270, or 0.63 per cent, to Rs 42,710 per kg in business turnover of 21 lots.
Similarly, the white metal prices for delivery in September declined by Rs 259, or 0.61 per cent, to Rs 41,975 per kg in business volume of 966 lots.
In international market, silver prices traded 1.07 per cent lower at USD 20.32 an ounce in Singapore.
Market analysts said apart from profit-booking by participants, a weak trend in Asian region amid speculation the recent rally in precious metals may hurt demand, led to the fall in silver prices at futures trade here.
