NEW DELHI: Silver futures on Tuesday dropped by Rs 499 to Rs 68,318 per kg as participants reduced their bets on low demand. On the Multi Commodity Exchange, silver contracts for March delivery tumbled by Rs 499, or 0.73 per cent, to Rs 68,318 per kg in a business turnover of 14,151 lots.
Silver traded lower by 0.84 per cent at $26.32 per ounce in New York.