Silver futures rise by 0.3%

Speculators created fresh positions even as the white metal weakened overseas

Silver futures rise by 0.3%
Press Trust of India New Delhi
Last Updated : Mar 02 2016 | 12:28 PM IST
Silver prices rose by 0.26% to reach Rs 36,183 per kg in futures trading today as speculators created fresh positions even as the white metal weakened overseas.

In futures trading at the Multi Commodity Exchange, silver for delivery in far-month May traded higher by Rs 95, or 0.26%, at Rs 36,183 per kg, in a business turnover of 439 lots.

Read more from our special coverage on "SILVER PRICES"



Likewise, the white metal for delivery in March was up by Rs 59, or 0.17%, to Rs 35,680 per kg in just one lot.

Analysts said fresh positions built by speculators helped silver futures trade but a weak trend overseas, capped the gains.

Meanwhile, silver was down 0.20% at $14.78 an ounce in Singapore today.
*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

More From This Section

First Published: Mar 02 2016 | 11:22 AM IST

Next Story