Silver futures down 0.38% on profit-booking

New Delhi: Silver prices moved down by 0.38 per cent to Rs 37,370 per kg in futures trade today as participants locked-in gains at prevailing levels amid weak trend overseas. In futures trade, silver for delivery in December moved down Rs 143, or 0.38 per cent, to Rs 37,370 per kg at the Multi Commodity Exchange. It clocked a business turnover of 375 lots. Similarly, the white metal for delivery in far-month March 2016 declined Rs 133, or 0.35 per cent, to Rs 38,100 per kg in 19 lots. Market analysts said profit-booking by speculators at prevailing levels and a weak trend in the precious metals, mainly led to the fall in silver prices at futures trade. Meanwhile, silver traded 0.4 per cent lower at USD 16.06 an ounce in Singapore today.