Silver futures decline to Rs 88,725 per kg

New Delhi, Jun 11 (PTI) Silver price on Tuesday plunged Rs 1,297 to Rs 88,725 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for July delivery declined Rs 1,297 or 1.44 per cent to Rs 88,725 per kg in a business turnover of 21,553 lots.

Globally, silver was trading 1.89 per cent lower at USD 29.31 per ounce in New York. PTI HG SHW