Silver futures fell during evening trade in the domestic market on Friday as investors and speculators exited their positions in the precious metal amid caution ahead of the inauguration of the US President-elect Donald Trump later in the day. However, the US Fed Chair Janet Yellen took a less hawkish stance on Thursday, suggesting the US central bank raise interest rates, albeit slowly, so as to not risk harm to the recovery the Fed has sought to nurture, restricted further fall in prices of silver at futures trade.

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At the MCX, silver futures for March 2017 contract is trading at Rs 41125 per kg, down by 0.35 per cent, after opening at Rs 41384, against a previous close of Rs 41270. It touched the intra-day low of Rs 41115.