Silver futures down at Rs 43,963 per kg

January 10, 2014
New Delhi-India  (Jan 10)   Silver prices moved down by 0.36 per cent to Rs 43,963 per kg at the futures trade today as speculators booked profit even as the precious metals rose in the global market.

On the Multi Commodity Exchange, silver for delivery in March moved down by Rs 161 or 0.36 per cent to Rs 43,963 per kg in a business turnover of 855 lots.

Similarly, the white metal for delivery in May declined by Rs 138 or 0.31 per cent to Rs 44,950 per kg in 14 lots.

Market analysts said profit-booking by speculators mainly put pressure on silver prices at the futures trade but gains in gold and silver in the overseas market restricted the fall.

Meanwhile, the white metal gained 0.4 per cent to $19.65 an ounce in Singapore today

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