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Silver prices fell for the third straight session and lost 0.67 per cent to Rs 44,703 per kg at the futures trade today on continued offloading of positions by speculators amid a weak global trend.
On the Multi Commodity Exchange, silver for delivery in September fell further by Rs 300 or 0.67 per cent to Rs 44,703 per kg in a business turnover of 341 lots.
In a similar fashion, the white metal for delivery in July declined by Rs 294 or 0.66 per cent to Rs 44,200 per kg in 2,399 lots.
Market analysts said speculators trimmed their positions in tandem with a weak global trend that pulled down silver prices at the futures trade.
Meanwhile, silver dropped one per cent to $20.72 an ounce after climbing to $21.16 yesterday, the highest since March 18.
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