Silver futures fell during evening trade in the domestic market on Friday as investors and speculators exited their positions in the precious metal as the US dollar strengthened amid optimism that the US economy is strong enough to withstand higher interest rates. 

 The US dollar strengthened as speculation of a December US Fed interest rate hike continued to rise, thus eroding demand for the precious metals as a safe haven. At the MCX, silver futures for December 2016 contract is trading at Rs 40,249 per kg, down by 0.16 per cent, after opening at Rs 39,901, against a previous close of Rs 40,312. It touched the intra-day low of Rs 39,860.

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