Silver futures decline to Rs 86,585 per kg

New Delhi, Jun 27 (PTI) Silver prices on Thursday fell Rs 380 to Rs 86,585 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for July delivery declined by Rs 380 or 0.44 per cent to Rs 86,585 per kg in a business turnover of 11,621 lots.

Globally, silver was trading 0.55 per cent higher at USD 29.10 per ounce in New York.