Silver futures on Thursday fell by Rs 33 to Rs 47,537 per kg as participants cut down their bets taking weak cues from overseas markets.
On the Multi Commodity Exchange, silver contracts for March delivery tumbled by Rs 33, or 0.07 per cent, to Rs 47,537 per kg in a business turnover of 5,300 lots.
Besides, the white metal to be delivered in May fell by Rs 13, 0.03 per cent, to Rs 48,085 per kg in 224 lots.
In the international market, silver prices traded 0.06 per cent lower at USD 18.30 an ounce in New York.
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