New Delhi: Amid weak global trend and low domestic demand, silver prices were down by 0.28 percent to Rs 45,450 per kg in futures market Friday as speculators trimmed positions.
At the Multi Commodity Exchange, silver for delivery in September traded Rs 129, or 0.28 percent, lower at Rs 45,450 per kg in business turnover of 332 lots.
Similarly, the white metal for delivery in December lost Rs 122, or 0.26 percent to Rs 46,272 per kg in 5 lots.
Analysts said apart from subdued demand in the spot market, weak trend in global markets as investors weighed the outlook for US monetary policy against increased geopolitical tensions, mainly put pressure on silver prices at futures trade.
Meanwhile, silver fell 0.2 percent to USD 21.11 an ounce in Singapore.
