Silver futures decline to Rs 74,356 per kg

New Delhi, Aug 31 (PTI) Silver futures on Thursday dropped Rs 281 to Rs 74,356 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 281 or 0.38 per cent to Rs 74,356 per kg in a business turnover of 394 lots.

Globally, silver was trading 0.53 per cent lower at USD 24.97 per ounce in New York.