At the Multi Commodity Exchange, silver for delivery in May declined by Rs 83, or 0.21 per cent to Rs 39,664 per kg in a business turnover of 9,404 lots.
Likewise, the white metal for delivery in far-month July shed Rs 58, or 0.14 per cent to Rs 40,289 per kg in 865 lots.
Traders said the fall in silver prices was largely in tune with a weak trend in precious metals at global market.
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