NEW DELHI: Silver prices declined by 0.13 per cent to Rs 54,637 per kg in futures trading today on reduced offtake by traders on sluggish demand in the spot market.
At the Multi Commodity Exchange, silver for delivery in May declined by Rs 70, or 0.13 per cent to Rs 54,637 per kg in business turnover of 9,302 lots.
Likewise, the white metal for delivery in July traded lower by Rs 71, or 0.13 per cent to Rs 55,895 per kg in 488 lots.
Market analysts said reduced offtake by traders due to sluggish demand in the spot market mainly kept pressure on silver prices at futures trade.
