New Delhi
Silver prices on Thursday fell by Rs 5,521 to Rs 2,03,647 per kilogram in futures trade as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for December delivery declined by Rs 5,521, or 2.64 per cent, to Rs 2,03,647 per kg in a business turnover of 2,591 lots.
Analysts said a sell-off by participants mainly weighed on silver prices.
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Globally, the white metal was trading 3.01 per cent down at USD 56.22 per ounce in New York.