Silver futures drop to Rs 75,080 per kilogram

On Friday, silver futures declined by Rs 369 to reach Rs 75,080 per kilogram, with participants scaling back their bets.

New Delhi: Silver futures on Friday fell by Rs 369 to Rs 75,080 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 369 or 0.49 per cent to Rs 75,080 per kg in a business turnover of 18,692 lots.

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Globally, silver was trading 0.21 per cent lower at USD 24.91 per ounce in New York.