Silver futures prices today moved down by 0.52% to Rs 62,454 per kg in tune with a weakening trend overseas.
At the Multi Commodity Exchange, silver for delivery in December fell by Rs 326, or 0.52%, to Rs 62,780 per kg, with a business turnover of 3,577 lots.
March silver lost Rs 314, or 0.49%, to Rs 64,160 per kg, with a business turnover of 146 lots.
Marketmen attributed the fall in silver futures to a weakening trend overseas on signs of a global slowdown.
Meanwhile, silver dropped 0.9% to $34.21 an ounce in Singapore.