Silver futures fall to Rs 88,793 per kg

New Delhi, Jun 13 (PTI) Silver price on Thursday plunged by Rs 1,652 to Rs 88,793 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for July delivery declined Rs 1,652 or 1.83 per cent to Rs 88,793 per kg in a business turnover of 20,767 lots.

Globally, silver was trading 2.95 per cent lower at USD 29.37 per ounce in New York.