Silver futures gain 0.2% on overseas cues
Speculators created fresh positions amid a firm global trend
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Silver prices were up by 0.25% to Rs 36,798 per kg in futures trading today as speculators created fresh positions amid a firm global trend.
At the Multi Commodity Exchange, silver for delivery in September month rose by Rs 90, or 0.25% to Rs 36,798 per kg in business turnover of 15 lots.
On similar lines, the white metal for delivery in July contracts gained Rs 81, or 0.22% to Rs 36,263 per kg in 117 lots.
Analysts said fresh positions built up by speculators in tandem with a firm global trend mainly led to the rise in silver prices at futures trade.
Meanwhile, silver rose 0.2% to $15.93 an ounce in Singapore.
At the Multi Commodity Exchange, silver for delivery in September month rose by Rs 90, or 0.25% to Rs 36,798 per kg in business turnover of 15 lots.
On similar lines, the white metal for delivery in July contracts gained Rs 81, or 0.22% to Rs 36,263 per kg in 117 lots.
Analysts said fresh positions built up by speculators in tandem with a firm global trend mainly led to the rise in silver prices at futures trade.
Meanwhile, silver rose 0.2% to $15.93 an ounce in Singapore.
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First Published: Jun 25 2015 | 10:42 AM IST