Silver futures fall from recent record

Similarly,the metal for delivery in March contract declined by 0.39 per cent to Rs 27,386 per kg with an open interest in 1,457 lots.

Analysts said fresh selling by traders in tandem with a weakening global trend mainly led to fall in silver prices at futures market here.

Meanwhile,silver fell 0.7 per cent to 17.32 dollar an ounce in Asia.