New Delhi: Silver prices fell by Rs 130 to Rs 84,733 per kg on Thursday as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for September delivery fell by Rs 130, or 0.15 per cent, to Rs 84,733 per kg with a turnover of 2,163 lots.

Globally, silver was trading 0.42 per cent lower at US$29.85 an ounce in New York.