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Silver prices fell by Rs 236 to Rs 64,130 a kg in futures trade today as speculators gained at existing record levels amid a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in July dropped by Rs 236 or 0.37 per cent to Rs 64,130 a kg, with a business turnover of two lots.
Likewise, for delivery in May the white metal traded Rs 234 or 0.37 per cent lower at Rs 63,260 a kg in an open interest of two lots.
Analysts said that besides profit-booking by speculators at existing record level, weak trend at global market weighed down the silver futures prices here.
Meanwhile, silver lost 1.2 per cent at $42.88 an ounce after rallying to $43.52 an ounce yesterday, the highest since 1980.
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