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Silver futures climb 0.41 pc on firm global cues

Press Trust of India  |  New Delhi 

Silver prices rose by 0.41 per cent to Rs 38,039 per kg in futures trading today as participants widened their bets amid a firming trend in overseas.

At the Multi Commodity Exchange, silver for delivery in September month gained Rs 156, or 0.41 per cent to Rs 38,039 per kg in business turnover of 858 lots.

Likewise, the for delivery in December contract was trading higher by Rs 142, or 0.37 per cent to Rs 38,880 per kg in 49 lots.

Analysts said expanding of positions by participants in line with a firming global trend influenced silver prices at futures trade.

Meanwhile, silver was up 0.39 per cent at USD 15.40 an ounce in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 08 2018. 11:10 IST