New Delhi: Silver prices fell by Rs 127 to Rs 81,100 per kg on Thursday as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for July delivery fell R127, or 0.16 per cent, to Rs 81,100 per kg in a business turnover of 24,067 lots.

Globally, silver was trading 0.14 per cent lower at $26.71 an ounce in New York.