NEW DELHI: Tracking a weak trend overseas, silver prices fell by 0.53 per cent to Rs 43,993 per kg in futures trade today as speculators offloaded positions.
At the Multi Commodity Exchange, silver for delivery in July lost Rs 235, or 0.53 per cent, to Rs 43,993 per kg, with a turnover of 4,082 lots.
Similarly, silver for delivery in far-month September dropped by Rs 228, or 0.51 per cent, to Rs 44,591 per kg, in a business turnover of 135 lots.
Analysts said a weak trend in global markets and profit- booking by speculators at prevailing levels, mainly put pressure on silver prices at futures trade here.
Meanwhile, in Singapore, silver dropped 0.67 per cent to $22.40 an ounce.
