Silver futures on Friday plunged Rs 1,155 to Rs 42,984 per kg as participants cut down their bets taking weak cues from overseas markets.
On the Multi Commodity Exchange, silver contracts for May delivery tumbled by Rs 1,155, or 2.62 per cent, to Rs 42,984 per kg in a business turnover of 6,273 lots.
Besides, the white metal to be delivered in July fell by Rs 1,168, or 2.61 per cent, to Rs 43,502 per kg in 290 lots.
In the international market, silver prices traded 2.22 per cent lower at USD 15.65 an ounce in New York.
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