NEW DELHI, Aug 22: Silver fell Rs 138 to Rs 38,950 per kg in futures trade today amid a weakening trend overseas amid profit-booking by speculators.
Silver for delivery in September was trading lower by Rs 138 or 0.35 per cent to Rs 38,950 per kg in a business turnover of 670 lots in futures trading at Multi Commodity Exchange (MCX).
On similar lines, the white metal for delivery in December fell by Rs 128 or 0.32 per cent at Rs 39,585 per kg in a business turnover of 292 lots.
In international market, silver traded 0.15 per cent lower at USD 16.97 an ounce in Singapore.
Market analysts said a weak trend in precious metals in global markets and trimming of positions by speculators at prevailing levels, put pressure on silver futures. (PTI)
Follow our WhatsApp channel