Silver futures decline 0.32 pc on global cues

New Delhi: Silver prices fell 0.32 per cent to Rs 40,001 per kg in futures trade Monday as speculators trimmed positions tracking a weak trend overseas.

At the Multi Commodity Exchange, silver for delivery in February fell by Rs 128, or 0.32 per cent, to Rs 40,001 per kg in a business turnover of 1,049 lots.

Analysts said offloading of positions by participants in line with a subdued trend overseas led to the fall in silver prices at futures trade.