NEW DELHI, Nov 25: Silver prices fell by 0.70 per cent to Rs 44,233 per kg in futures trade today on weak cues from the global market amid subdued domestic demand.
At the Multi Commodity Exchange, silver for delivery in December fell by Rs 314, or 0.70 per cent to, Rs 44,233 per kg in business turnover of 274 lots.
In a similar fashion, the white metal for delivery in March 2014 fell by Rs 319, or 0.69 per cent to Rs 45,685 per kg in business volume of 21 lots.
Market analysts said besides weak demand at domestic spot markets, a subdued trend in the global markets as the accord between Iran and world powers damped demand for haven assets, while holdings in exchange-traded products extended declines, attributed fall in silver prices at futures trade here.
In the international market, silver fell 0.50 per cent to trade at over 15-week low of USD 19.78 an ounce in Singapore. (PTI)
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