NEW DELHI: Silver prices fell by 0.85 per cent to Rs 47,380 per kg in futures trade today, tracking a weak trend in the global market.
At the Multi Commodity Exchange, Silver for delivery in March fell by Rs 407, or 0.85 per cent, to Rs 47,380 per kg in business turnover of 1,098 lots.
Similarly, the white metal for delivery in May declined by Rs 399, or 0.82 per cent, to Rs 48,400 per kg in business volume of 70 lots.
Market analysts said a subdued trend in the global markets led to the fall in silver prices at futures trade here.
In the international market, silver fell by 0.3 per cent to $21.47 an ounce in Singapore.