Silver futures decline to Rs 71,083 per kg

Silver futures on Friday fell by Rs317 to Rs71,083 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for December delivery declined by Rs317 or 0.44 per cent to Rs71,083 per kg in a business turnover of 21,369 lots. Globally, silver was trading 0.51 per cent lower at $22.73 per ounce in New York.