Silver futures drop on subdued demand

New Delhi, Nov 3 (PTI) Silver futures on Tuesday fell by Rs 34 to Rs 61,973 per kg as participants reduced their bets on low demand.

On the Multi Commodity Exchange, silver contracts for December delivery tumbled by Rs 34, or 0.05 per cent, to Rs 61,973 per kg in a business turnover of 14,050 lots.

However, globally, silver traded 0.51 per cent up at USD 24.16 per ounce in New York. PTI SHW RUJ RUJ