Silver futures decline Rs 195 to Rs 90,680/kg

New Delhi, Dec 18 (PTI) Silver prices on Wednesday fell Rs 195 to Rs 90,680 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 195 or 0.21 per cent to Rs 90,680 per kg in a business turnover of 28,946 lots.

Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.

Globally, silver was trading 0.42 per cent lower at USD 30.41 per ounce in New York.