Taking weak cues from global markets, silver prices eased by 0.21 per cent to Rs 38,585 per kg in futures trade today as speculators indulged in trimming positions.
At the Multi Commodity Exchange, silver for delivery in far-month March next year contracts was down by Rs 83, or 0.21 per cent, to Rs 38,585 per kg in a business turnover of 1,205 lots.
Similarly, the white metal for delivery in May 2015 contracts shed Rs 26, or 0.07 per cent, to Rs 39,246 per kg in a business volume of 7 lots.
In the international market, silver fell by 0.09 per cent to USD 17.04 an ounce in Singapore.
Market analysts said offloading of positions by speculators, triggered by a weak trend in global markets, led to the fall in silver prices at futures trade here.