Silver prices fell 0.82 per cent to Rs 43,594 per kg at the futures trade today as speculators indulged in trimming positions, taking weak cues from the global market amid a weak trend in the domestic spot market.
On the Multi Commodity Exchange, silver for delivery in July traded lower by Rs 360 or 0.82 per cent to Rs 43,594 per kg in a business turnover of 1,658 lots.
Similarly, the white metal for delivery in September declined by Rs 345 or 0.78 per cent to Rs 44,062 per kg in a business volume of 46 lots.
In the international market, silver traded 1.1 per cent lower at $21.17 an ounce, a level last seen on May 20 in Singapore.
Market analysts said a weak trend in the global market as US Federal Reserve Chairman Ben Bernanke said it could start tapering off its massive stimulus programme later this year, mainly weighed on gold prices at futures trade here, led to a fall in silver prices at the futures trade here.
Besides, a weak trend in the domestic spot market also put pressure on the prices, they said.