Silver futures decline to Rs 2.24 lakh/kg

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Delhi, Jul 10 (PTI) Silver prices on Friday fell Rs 1,934 to Rs 2,24,443 per kilogram in futures trade as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 1,934, or 0.85 per cent, to Rs 2,24,443 per kg in a business turnover of 2,345 lots.

Analysts said a sell-off by participants mainly weighed on silver prices.

Globally, the white metal was trading 0.28 per cent lower at USD 60.12 per ounce in New York. PTI DR TRB