Silver futures remain weak on subdued overseas cues

New Delhi-India (Jan 29)  Silver prices fell further by 1.49 per cent to Rs 39,550 per kg in futures trading today as speculators trimmed positions,tracking a weak global trend.

 At the Multi Commodity Exchange, silver for delivery in far-month May moved down by Rs 600, or 1.49 per cent to Rs 39,550 per kg in business turnover of 284 lots.

 In a similar fashion, the white metal for delivery in March contracts traded lower by Rs 572, or 1.45 per cent to Rs 38,900 per kg in 13,965 lots.

Source: EconomicTimes.india