Silver prices fell by Rs 61 to Rs 62,994 per kg in futures trade today on profit-booking by speculators and a fall in demand in the spot market.
Firm trend in the global markets restricted the losses.
At the Multi Commodity Exchange, silver for delivery in December fell by Rs 61, or 0.10%, to Rs 62,994 per kg in a business turnover of 13,327 lots.
The March contract shed Rs 57, or 0.09%, to Rs 64,669 per kg in 391 lots.
Globally, silver traded 0.29% higher at $34.76 an ounce in early trade in London.
Market analysts said besides profit-booking by speculators, subdued demand in the spot market led to a fall in silver prices at futures trade but a better trend overseas capped losses.
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