New Delhi, Nov 7 (PTI) Silver futures on Tuesday fell by Rs 865 to Rs 71,252 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for December delivery declined by Rs 865 or 1.2 per cent to Rs 71,252 per kg in a business turnover of 19,828 lots.

Globally, silver was trading 1.76 per cent lower at USD 22.83 per ounce in New York. PTI SGC DRR