Silver Prices Plummet ₹476 to ₹2,34,310 Per Kilogram Amid Participant Sell-Off

Silver prices fell by ₹476 to ₹2,34,310 per kilogram in futures trade on Thursday as participants reduced their bets.

This decline was seen in December delivery contracts on the Multi Commodity Exchange, with a business turnover of 12,785 lots.

Analysts said that a sell-off by participants mainly weighed on silver prices, which were trading 0.20 per cent lower than their previous value.

Globally, the white metal was trading at $64.870 per ounce in New York, down 0.08 per cent from its previous value.