 "Silver futures climb Rs 707 on global cues")
Silver prices zoomed Rs 707 to Rs 48,129 per kg in futures trade today as speculators built up positions amid a higher global trend.
In futures trading at the Multi Commodity Exchange, silver for delivery in December was trading notably higher by Rs 707 or 1.49% to Rs 48,129 per kg in a business turnover of 32 lots.
The white metal for delivery in September was up by Rs 687 or 1.48% to Rs 47,059 per kg in 1,336 lots.
Meanwhile, silver rose 1.69% to $20.13 an ounce in Singapore.
In futures trading at the Multi Commodity Exchange, silver for delivery in December was trading notably higher by Rs 707 or 1.49% to Rs 48,129 per kg in a business turnover of 32 lots.
The white metal for delivery in September was up by Rs 687 or 1.48% to Rs 47,059 per kg in 1,336 lots.
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Analysts said speculators created fresh positions in tune with higher global trend, pushed silver prices higher at futures trade.
Meanwhile, silver rose 1.69% to $20.13 an ounce in Singapore.