Silver prices were trading down by Rs 279 to Rs 37,582 per kg in futures trade Thursday after speculators reduced their exposure amid a weak trend in domestic markets.

Silver for delivery in May contracts fell by Rs 279, or 0.74 per cent, to trade at Rs 37,582 per kg in a business turnover of 21,278 lots on the Multi Commodity Exchange.

On similar lines, the white metal for delivery in far-month July contracts shed Rs 268, or 0.7 per cent, at Rs 38,127 per kg with a business turnover of 1,545 lots.

In the international market, however, silver rose 0.08 per cent to USD 15.21 an ounce in Singapore.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)