Silver futures drop to Rs 73,430 per kg

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 138 or 0.19 per cent to Rs 73,430 per kg in a business turnover of 7,628 lots.

New Delhi: Silver futures on Friday dropped Rs 138 to Rs 73,430 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 138 or 0.19 per cent to Rs 73,430 per kg in a business turnover of 7,628 lots.

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Globally, silver was trading 0.45 per cent lower at USD 24.47 per ounce in New York.