Silver futures fall Rs 225 to Rs 1,06,488/kg

New Delhi, Jul 2 (PTI) Silver prices on Wednesday declined Rs 225 to Rs 1,06,488 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery decreased Rs 225 or 0.21 per cent to Rs 1,06,488 per kilogram in a business turnover of 17,111 lots.

Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.

Globally, silver futures was trading 0.32 per cent lower at USD 36.28 per ounce in New York. PTI SHW ANU ANU