Silver futures drop on subdued demand

New Delhi: Silver futures on Thursday dropped by Rs 981 to Rs 67,800 per kg as participants reduced their bets on low demand. On the Multi Commodity Exchange, silver contracts for the December delivery tumbled by Rs 981, or 1.43 per cent, to Rs 67,800 per kg in a business turnover of 16,983 lots.

Silver traded lower by 1.81 per cent at USD 26.98 per ounce in New York.