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Silver futures drops by Rs 346 to Rs 54,689 per kg as participants cut bets

Silver futures on Friday dropped by Rs 346 to Rs 54,689 per kilogram as participants cut their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 346 or 0.63 per cent to Rs 54,689 per kg in a business turnover of 24,509 lots.

Globally, silver was trading 0.49 per cent lower at USD 18.14 per ounce in New York.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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