Silver futures down 0.32 pc on profit-booking

NEW DELHI, Mar 4: Silver futures fell by 0.32 per cent to Rs 47,881 per kg in futures trade today as speculators booked profits even as metal rose in global markets.
At the Multi Commodity Exchange, silver prices for delivery in May traded lower by Rs 154, or 0.32 per cent, to Rs 47,881 per kg in a business turnover of 500 lots.
Similarly, the white metal for delivery in March declined by Rs 77, or 0.16 per cent, to Rs 47,109 per kg in a business volume of 21 lots.
In the international market, silver prices traded 0.15 per cent lower at USD 19.69 an ounce in Singapore.
Market analysts said profit-booking by participants led to a fall in silver prices at futures trade but metal’s gain overseas limited the fall.
Globally, silver traded a shade higher at USD 21.43 an ounce in Singapore from USD 21.42 yesterday. (AGENCIES)