Silver futures fall on subdued demand globally

Silver futures fell on MCX due to subdued demand globally as market's focus shifted to a slew of US jobs data due later this week that could influence the Federal Reserve's rate cut trajectory.The contract for July delivery was trading at Rs 104972.00, down by 0.24% or Rs 256.00 from its previous closing of Rs 105228.00. The open interest of the contract stood at 2128 lots.The contract for September delivery was trading at Rs 106202.00, down by 0.18% or Rs 195.00 from its previous closing of Rs 106397.00. The open interest of the contract stood at 15891 lots on MCX.