Silver futures little changed during evening trade in the domestic market on Thursday as investors and speculators exited their positions in the precious metal as safe-haven demand faded amid firm US dollar against a basket of other currencies. 

At the MCX, silver futures for March 2017 contract is trading at Rs 42690 per kg, down by 0.05 per cent, after opening at Rs 42738, against a previous close of Rs 42713. It touched the intra-day low of Rs 42550.

                   Trading Ideas

*Silver trading range for the day is 42462-42990. 

*Silver dropped as traders anticipated new clues on the likelihood of a March U.S. interest rate hike with the minutes from FOMC in focus. 

*Many Fed policymakers said it may be appropriate to raise interest rates again "fairly soon" should jobs and inflation data come in line with expectations. 

*The minutes showed the depth of uncertainty at the Fed over the lack of clarity on the new Trump administration's economic programme.