Silver futures on Friday slumped by Rs 76 to Rs 44,720 per kg as participants cut down their bets taking weak cues from overseas markets.
On the Multi Commodity Exchange, silver contracts for March delivery tumbled Rs 76, or 0.17 per cent, to Rs 44,720 per kg in a business turnover of 2,574 lots.
Besides, the white metal to be delivered in May fell by Rs 44 to Rs 45,213 per kg in 29 lots.
In the international market, silver prices fell 0.08 per cent to USD 17.14 an ounce in New York.
Traders said the fall in silver prices in futures trade was largely in line with a weak trend in precious metals in global markets.
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