New Delhi: Silver prices fell by Rs 1,983 to Rs 91,030 per kg on Thursday as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for July delivery fell R1,983, or 2.13 per cent, to Rs 91,030 per kg in a business turnover of 2573 lots.

Globally, silver was trading 3.04 per cent lower at US$30.54 an ounce in New York.