Silver prices fell by Rs 239 to Rs 51,157 per kg in futures trade on Thursday amid profit-booking by participants on existing prices.
On Multi Commodity Exchange, silver for delivery in December was trading lower by Rs 239, or 0.47 per cent, to Rs 51,157 per kg in a business turnover of 5,722 lots.
However, the silver prices globally were trading higher by 0.09 per cent at USD 19.57 in New York.
Traders said off-loading of positions by participants to book profits mainly led to fall in silver prices here.