Silver futures drop to Rs 74,760 per kg

Silver futures on Tuesday dropped Rs 667 to Rs 74,760 per kilogram as participants reduced their bets.

New Delhi: Silver futures on Tuesday dropped Rs 667 to Rs 74,760 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 667 or 0.88 per cent to Rs 74,760 per kg in a business turnover of 17,032 lots.

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Globally, silver was trading 1.15 per cent lower at USD 24.69 per ounce in New York.