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New Delhi, Dec 27 (PTI) Silver futures on Monday dropped by Rs 419 to Rs 61,879 per kg as participants reduced their bets on low demand.

On the Multi Commodity Exchange, silver contracts for March delivery tumbled by Rs 419, or 0.67 per cent, to Rs 61,879 per kg in a business turnover of 11,265 lots.

Silver traded lower by 0.85 per cent at USD 22.75 per ounce in New York. PTI RUJ ANU ANU

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