Silver futures on Wednesday dropped by Rs 281 to Rs 56,530 per kg as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for December delivery declined by Rs 281 or 0.49 per cent to Rs 56,530 per kg in a business turnover of 19,270 lots.
Globally, silver was trading 0.93 per cent lower at USD 19.31 per ounce in New York.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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