Silver prices fell Rs 142 to Rs 39,580 per kg at the futures trade as speculators cut down their bets due to profit-booking amid weak global cues.

Silver for delivery in December was down by Rs 142 or 0.36 per cent at Rs 39,580 per kg at the futures trade at the Multi Commodity Exchange. It clocked a business volume of 14 lots.

The white metal for delivery in September too fell Rs 82 to trade at Rs 39,016 per kg in a business turnover of 14 lots.

Market analysts said profit-booking at prevailing levels and fresh losses in the overseas market mainly pulled down silver prices at the futures trade here.

In the international market, silver traded 0.26 per cent lower at $16.97 an ounce in Singapore.