Silver futures today fell over 1% to Rs 34,392 per kg as participants engaged in trimming positions, largely in tandem with a weakening trend overseas.
At the Multi Commodity Exchange, the December contracts of silver traded lower by Rs 353, or 1.02%, to Rs 34,392 per kg in a business turnover of 943 lots.
The far-month March 2015 contracts fell by Rs 341, or 0.96%, to Rs 35,080 per kg in business volume of 30 lots.
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Analysts said weakening trend overseas as surging dollar hurting the precious metals' demand, mainly put pressure on the silver prices at futures trade here.