Silver down 0.30 per cent in futures trade

NEW DELHI, Mar 11: Silver prices fell by 0.30 per cent to Rs 46,762 per kg in futures trade today as speculators trimmed their positions despite a firming trend in the overseas markets.
At the Multi Commodity Exchange, silver for delivery in July traded lower by Rs 143, or 0.30 per cent, to Rs 46,762 per kg in a business turnover of 32 lots.
Similarly, the white metal for delivery in May declined by Rs 134, or 0.29 per cent, to Rs 45,839 per kg in a business volume of 1,704 lots.
In the international market, silver traded 0.5 per cent higher at USD 20.92 an ounce in Singapore.
Market analysts attributed the fall in silver prices at futures trade to offloading of positions by speculators but a firming trend in precious metals overseas limited the fall. (AGENCIES)