Silver futures marginally down by 0.2% on weak global trend
NEW DELHI-INDIA (July 25) Tracking a weak trend overseas, silver futures prices today fell by Rs 80, or 0.19%, to Rs 41,776 per kg, as speculators trimmed positions. At the Multi Commodity Exchange, silver prices for delivery in September fell by Rs 80, or 0.19%, to Rs 41,776 per kg in business turnover of 500 lots. Similarly, the white metal prices for delivery in far- month December lost Rs 71, or 0.17%, at Rs 42,568 per kg in three lots. Analysts said a weak trend in the white metal overseas on profit-booking, mainly weighed on silver prices at futures trade here. Meanwhile, silver shed 0.90% to $20.31 an ounce in Singapore today.