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Silver futures climb Rs 152 on firm global cues

Press Trust of India  |  New Delhi 

Silver prices went up by Rs 152 to trade at Rs 40,092 per kg in futures trading today as participants indulged in enlarging positions amid a firm trend in precious metals overseas.

Silver for delivery in December was up by Rs 152, or 0.38 per cent, at Rs 40,092 per kg at the Multi Commodity Exchange, in a business turnover of 71 lots.

Likewise, the white metal for delivery in March next year spurted Rs 147, or 0.36 per cent, to Rs 40,688 per kg in 8 lots.

Analysts said widening of positions by speculators in step with a firm trend in the precious metals overseas influenced silver prices at futures trade.

Meanwhile, silver was up 0.50 per cent to USD 17.04 an ounce in today.

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

First Published: Tue, October 10 2017. 11:22 IST