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Amid a weak trend overseas, silver prices fell 0.32 per cent to Rs 40,080 per kg at the futures trade today as speculators trimmed positions.
On the Multi Commodity Exchange, silver for delivery in far-month May traded lower by Rs 129 or 0.32 per cent to Rs 40,080 per kg in a business turnover of 35 lots.
Similarly, the white metal for delivery in March declined by Rs 120 or 0.3 per cent to Rs 39,410 per kg in a business volume of 828 lots.
In the international market, silver traded 0.3 per cent lower at $18.01 an ounce in Singapore.
Market analysts said a weak trend in precious metals in the global market weighed on silver futures here.
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