on Friday fell by ₹1,322 to ₹2,68,215 per kilogram as participants reduced their bets.
On the Multi Commodity Exchange, silver contracts for July delivery declined by ₹1,322, or 0.49 per cent, to ₹2,68,215 per kg in a business turnover of 749 lots.
Analysts said a sell-off by participants mainly weighed on silver prices.
Globally, silver was trading 0.12 per cent higher at $75.71 per ounce in New York.