Silver futures decline to Rs 72,158 per kg

New Delhi, Aug 7 (PTI) Silver futures on Monday dropped Rs 320 to Rs 72,158 per kilogramme as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 320 or 0.44 per cent to Rs 72,158 per kg in a business turnover of 16,225 lots.

Globally, silver was trading 0.59 per cent lower at USD 23.58 per ounce in New York.