Silver futures decline to Rs 88,853 per kg

New Delhi, Sep 23 (PTI) Silver prices on Monday fell Rs 1,282 to Rs 88,853 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for December delivery declined Rs 1,282 or 1.42 per cent to Rs 88,853 per kg in a business turnover of 25,327 lots.

Globally, silver was trading 1.97 per cent lower at USD 30.89 per ounce in New York.