Silver futures on Monday fell Rs 301 to Rs 61,375 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for December delivery declined by Rs 301 or 0.49 per cent to Rs 61,375 per kg in a business turnover of 7,619 lots.
Globally, silver was trading 0.64 per cent lower at USD 21.47 per ounce in New York.
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