Silver futures down 0.4% on profit-booking

Silver futures for March fell by Rs 253, or 0.43% to, Rs 58,165 per kg in 5,571 lots.

At the Multi Commodity Exchange (MCX), the May contract declined by Rs 250, or 0.42% to Rs 59,558 per kg in 287 lots.

Prices went down speculators reduced holdings to book profits amid a weak trend overseas.

Subdued global markets trend affected silver futures globally.

In Singaopore. silver fell 0.44% to $31.70 an ounce.