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Silver futures harden by 0.33% on overseas cues

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Press Trust of India New Delhi

Silver prices went up by 0.33 per cent to Rs 38,909 per kg in futures market today as speculators enlarged positions amid positive global cues.

At the Multi Commodity Exchange, silver for delivery in December rose by Rs 127, or 0.33 per cent to Rs 38,909 per kg in business turnover of 15 lots.

Likewise, the white metal for September gained Rs 111, or 0.29 per cent to Rs 38,058 per kg in 396 lots.

Market analysts said widening of positions by traders in tandem with a firm global trend, attributed the rise in silver prices at futures trade.

Meanwhile, silver rose by 0.19 per cent to USD 15.43 an ounce in Singapore.

 

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First Published: Aug 09 2018 | 11:10 AM IST

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