Silver futures decline to Rs 74,345 per kg

Silver prices on Monday fell by Rs 85 to Rs 74,345 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for March delivery declined by Rs 85 or 0.11 per cent to Rs 74,345 per kg in a business turnover of 14,762 lots. Silver dropped 1.17 per cent to USD 24.09 per ounce in New York on Friday.