Silver futures on Thursday dropped by Rs 758 to Rs 65,778 per kg as participants reduced their bets on low demand.
On the Multi Commodity Exchange, silver contracts for March delivery tumbled by Rs 758, or 1.14 per cent, to Rs 65,778 per kg in a business turnover of 11,945 lots.
Silver traded lower by 1.28 per cent at USD 25.07 per ounce in New York.