Silver futures fall 1.11% to Rs 62,919 per kg
Silver prices declined to Rs 62,919 per kg on October 22 as participants increased their short positions. The precious metal had gained a percent on the COMEX on October 21.
Silver prices traded lower tracking weakness in gold prices and a firm dollar. The Dollar Index is trading higher at 92.82 levels, up 0.25 percent.
The precious metal has been stuck in a broad range as further clarity is awaited on US stimulus as well as UK-EU post-Brexit trade deal.
Silver holdings in iShares ETF were unchanged at 17,455.09 tonne.