Silver futures decline to Rs 71,175 per kg

New Delhi, Feb 20 (PTI) Silver prices on Tuesday fell Rs 131 to Rs 71,175 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 131 or 0.18 per cent to Rs 71,175 per kg in a business turnover of 21,844 lots.

Globally, silver was trading 1.85 per cent lower at USD 23.04 per ounce in New York.