Silver futures for May lowered by Rs 136, or 0.26%, to Rs 51,434 per kg in 495 lots.
At the Multi Commodity Exchange (MCX), the July contract declined by Rs 132, or 0.25%, to Rs 52,465 per kg in 28 lots.
Prices fell as speculators trimmed their positions.
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In Singapore, silver trade little changed at $27.29 an ounce.
Weak trend in precious metals in the global markets as investors cut asset holdings and dollar strengthened that curbed safe-haven demand led to fall in silver futures trade here.