Silver futures on Friday dropped ₹383 to ₹67,364 per kg as participants reduced their bets on low demand.

On the Multi Commodity Exchange, silver contracts for May delivery tumbled by ₹383, or 0.57 per cent, to ₹67,364 per kg in a business turnover of 11,605 lots.

Silver traded lower by 0.55 per cent at $26.21 per ounce in New York.

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