 "Silver futures up by 2% on firm global cues")
Tracking a firming trend in the precious metals overseas, silver prices soared by Rs 962 to Rs 49,591 per kg in futures trade today as speculators widened their positions.
In futures trading at the Multi Commodity Exchange, silver for delivery in December surged by Rs 962 or 1.98% to Rs 49,591 per kg in a business turnover of 36 lots.
The white metal for delivery in September was trading higher by Rs 940 or 1.98% to Rs 48,427 per kg in 1,908 lots.
Meanwhile, silver surged 1.28% to $20.51 an ounce in Singapore.
In futures trading at the Multi Commodity Exchange, silver for delivery in December surged by Rs 962 or 1.98% to Rs 49,591 per kg in a business turnover of 36 lots.
The white metal for delivery in September was trading higher by Rs 940 or 1.98% to Rs 48,427 per kg in 1,908 lots.
Also Read
Market analysts said speculative position built up by participants, driven by firm global trend, mainly attributed to the rise in silver prices at futures trade here.
Meanwhile, silver surged 1.28% to $20.51 an ounce in Singapore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%