Silver futures fell during evening trade in the domestic market on Tuesday as investors and speculators exited their positions in the precious metal despite weakness in the US dollar, as safe-haven demand faded after remarks from a US Fed official favoring a faster pace of interest rate hikes. 

Silver trading range for the day is 40999-42177.Silver gained on a weaker dollar and safe haven buying on uncertainties over U.S. policy after Donald Trump was sworn in as president.

At the MCX, silver futures for March 2017 contract is trading at Rs 41616 per kg, down by 0.18 per cent, after opening at Rs 41786, against a previous close of Rs 41692. It touched the intra-day low of Rs 41565. 

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