New Delhi: Silver prices fell by Rs 516 to Rs 91,054 per kg on Monday as participants reduced their bets.

At the Multi Commodity Exchange, silver contracts for July delivery fell by Rs 516, or 0.56 per cent, to Rs 91,054 per kg in a business turnover of 24,391 lots.

Globally, silver was trading 0.33 per cent higher at US$30.34 an ounce in New York.