Silver futures on Tuesday traded Rs 188 higher at Rs 44,873 per kg after speculators raised bets, driven by a firm trend overseas.
Silver contracts for December delivery rose by Rs 188, or 0.38 per cent, to Rs 44,873 per kg in a business turnover of 4,420 lots on the Multi Commodity Exchange.
Besides, the white metal to be delivered in March shot up by Rs 174, or 0.38 per cent, to Rs 45,524 per kg in 296 lots.
Analysts said widening of positions by traders in sync with a firm trend overseas for precious metals mainly influenced silver prices here.
In the international market, silver traded 0.71 per cent higher at USD 17.12 an ounce in New York.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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