Silver futures drop on subdued demand

New Delhi, Dec 18 (PTI) Silver futures dropped by Rs 704 to Rs 67,563 per kg on Friday as participants reduced their bets on low demand.

On the Multi Commodity Exchange, silver contracts for March delivery tumbled Rs 704, or 1.03 per cent, to Rs 67,563 per kg in a business turnover of 14,545 lots.

Globally, silver traded 0.81 per cent lower at USD 25.97 per ounce in New York. PTI SHW RUJ RUJ