Silver futures on Thursday plunged Rs 309 to Rs 43,722 per kg as participants cut down their bets on weak spot demand.
On the Multi Commodity Exchange, silver contracts for May delivery tumbled by Rs 309, or 0.7 per cent, to Rs 43,722 per kg in a business turnover of 3,308 lots.
Besides, the white metal to be delivered in July fell by Rs 116, or 0.26 per cent, to Rs 44,470 per kg in 959 lots.
However, in the international market, silver prices traded 1.80 per cent up at USD 15.94 an ounce in New York.
Analysts said weak trends in overseas market mainly kept pressure on silver prices here.
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