Silver Futures Plunge Rs 754 to Rs 92,049/kg

New Delhi, Jan 17 (PTI) Silver prices on Friday tumbled Rs 754 to Rs 92,049 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for March delivery declined Rs 754 or 0.81 per cent to Rs 92,049 per kg in a business turnover of 20,890 lots.

Analysts said a sell-off by participants at existing levels in the market mainly weighed on silver prices.

Globally, silver was trading 0.52 per cent lower at USD 30.65 per ounce in New York.