Silver futures decline to Rs 73,557 per kg

Silver futures on Thursday dropped Rs 447 to Rs 73,557 per kilogram as participants reduced their bets.

New Delhi: Silver futures on Thursday dropped Rs 447 to Rs 73,557 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 447 or 0.6 per cent to Rs 73,557 per kg in a business turnover of 8,266 lots.

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Globally, silver was trading 0.69 per cent lower at USD 24.54 per ounce in New York.