Silver up 0.3% on global cues

Metal for delivery in far-month December was up by Rs 113, or 0.23%

Silver up 0.3% on global cues
Press Trust of India New Delhi
Last Updated : Jul 12 2016 | 1:50 PM IST
Silver prices moved up by Rs 143 to Rs 47,955 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 September gained Rs 143, or 0.30%, to Rs 47,955 per kg, in a business turnover of 1,725 lots.

Also, the white metal for delivery in far-month December was up by Rs 113, or 0.23%, to Rs 49,085 per kg in 32 lots.

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Analysts said speculators created fresh positions in tune with higher global trend, pushing silver prices higher at the futures trade.

Meanwhile, silver traded marginally higher at $20.31 an ounce in Singapore.
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First Published: Jul 12 2016 | 1:42 PM IST

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