At the Multi Commodity Exchange, silver for delivery in March fell by Rs 245, or 0.62 per cent, to Rs 39,188 per kg, in a business turnover of 1,701 lots.
On similar lines, the white metal for delivery in far-month May moved down by Rs 203, or 0.51 per cent, to Rs 39,800 per kg in 22 lots.
Market analysts said offloading of positions by traders in line with a weak trend overseas mainly kept silver prices lower at futures trade.
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