Silver futures ease on low demand

New Delhi, Jan 22 () Silver futures on Wednesday slumped by Rs 60 to Rs 46,083 per kg as participants cut down their bets amid subdued global trend.

On the Multi Commodity Exchange, silver contracts for March delivery tumbled by Rs 60, or 0.13 per cent, to Rs 46,083 per kg in a business turnover of 3,228 lots.

Besides, the white metal to be delivered in May fell by Rs 103, to Rs 46,581 per kg in 73 lots.

In the international market, silver prices traded 0.35 per cent lower at USD 17.75 an ounce in New York. VHP SHW SHW