India, June 24 -- Silver futures retreated by Rs 8,158 to Rs 2.26 lakh per kg, tracking weak global trends amid a strong dollar and rising expectations of higher interest rates by the US Federal Reserve.

On the Multi Commodity Exchange (MCX), the white metal for July delivery slumped by Rs 8,158, or 3.48 per cent, to Rs 2,26,152 per kilogram in a business turnover of 10,059 lots.

Similarly, the September contract also plunged by Rs 8,629, or 3.59 per cent, to Rs 2,31,509 per kg in 6,291 lots.

Analysts said bullion sentiment remained under pressure as traders reassessed the outlook for US monetary policy amid a rally in the dollar and elevated Treasury bond yields.

"Silver prices moved lower in the domestic markets, as a stronger US do...