Silver futures prices plummeted to Rs 2.36 lakh per kg on Monday, marking a decline of Rs 975 or 0.41% from the previous day's price.
The December delivery contract on the Multi Commodity Exchange (MCX) fell victim to reduced participant bets and a global downturn in silver prices.
Globally, silver was trading 0.63% lower at USD 65.79 per ounce in New York, further contributing to the downward trend.
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