Silver futures down at Rs 45,370 per kg

New Delhi-India (Jan 6)   Amid a weak trend in the global market, silver futures moved down by Rs 105 to Rs 45,370 per kg today as speculators offloaded positions.

On the Multi Commodity Exchange, silver for delivery in March moved down by Rs 105 or 0.23 per cent to Rs 45,370 per kg with a business turnover of 463 lots.

Similarly, the metal for delivery in May traded lower by Rs 74 or 0.16 per cent to Rs 46,370 per kg with a business turnover of six lots.

Marketmen said offloading of positions by speculators, triggered by a weak global trend, mainly weighed on silver prices at the futures trade.

Meanwhile, the white metal declined 0.4 per cent to $20.07 an ounce in Singapore.