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Silvers futures up 0.28% on higher global trend

Firm overseas trend supported the trade

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Press Trust of India New Delhi

Silver futures for March rose by Rs 166, or 0.28% to Rs 58,416 per kg in 6,980 lots.

At the Multi Commodity Exchange, the May contract traded higher by Rs 108, or 0.18% to Rs 59,770 per kg in 635 lots.

Speculators enlarging their positions supported the trade.

Ongoing marriage season triggered the uptrend.

Firm overseas trend supported the silver futures trade.

In Singapore, silver climbed 0.4% to $31.31 an ounce.

 

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First Published: Jan 28 2013 | 2:55 PM IST

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