Silver remains firm on global cues

Buoyed by a firming trend overseas on speculation that Europe's debt crisis will worsen, silver continued its winning streak in the futures trade with prices rising by another 0.30% to Rs 67,904 per kg today.

In addition, pick-up in demand at the domestic markets on the back of marriage season also supported the upside in silver prices at futures trade.

At the Multi Commodity Exchange, March silver gained Rs 200, or 0.30%, to Rs 67,904 per kg, with a trade turnover of 24 lots.

The December contract traded Rs 261, or 0.29%, higher at Rs 66,655 per kg, clocking a turnover of 910 lots.

Market analysts said continued rise in silver prices at futures trade is due to a firming trend overseas as concern about slowing economic growth and Europe's debt woes spurred demand for a protection of wealth.

Meanwhile, silver shot up by 0.5% to $43.13 an ounce in Asian region.