Silver prices were down by Rs 304 to Rs 43,094 per kg in futures trade today as participants indulged in cutting down their bets amid weak cues overseas.
At the Multi Commodity Exchange, silver for delivery in December was trading lower by Rs 304 or 0.70 per cent to Rs 43,094 per kg in a business turnover of 630 lots.
Similarly, the white metal for delivery in far-month March declined by Rs 298 or 0.68 per cent to Rs 43,624 per kg in a business volume of 29 lots.
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In the international market, silver fell 1.25 per cent to USD 18.18 an ounce in Singapore today.
Traders said the fall in silver prices at futures trade was largely in tune with a weak trend in precious metals in global markets.
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