Silver Futures Decline to Rs 2.39 Lakh/Kg

New Delhi: Silver prices on Wednesday fell by Rs 34 to Rs 2,39,854 per kilogram in futures trade as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for December delivery declined by Rs 34, or 0.01 per cent, to Rs 2,39,854 per kg in a business turnover of 1,658 lots.

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

Globally, the white metal was trading 1.27 per cent down at USD 66.22 per ounce in New York.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)