Silver futures decline to Rs 73,280 per kg

Silver futures on Wednesday dropped Rs 165 to Rs 73,280 per kilogram as participants reduced their bets.

New Delhi: Silver futures on Wednesday dropped Rs 165 to Rs 73,280 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for December delivery declined by Rs 165 or 0.22 per cent to Rs 73,280 per kg in a business turnover of 14,078 lots.

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Globally, silver was trading 0.20 per cent lower at USD 23.83 per ounce in New York.