Silver futures drop on subdued demand

Silver futures on Tuesday dropped by Rs 319 to Rs 63,372 per kg as participants reduced their bets on low demand.
On the Multi Commodity Exchange, silver contracts for December delivery tumbled by Rs 319, or 0.5 per cent, to Rs 63,372 per kg in a business turnover of 13,070 lots.

Silver traded lower by 0.85 per cent at USD 24.59 per ounce in New York.