Business Standard

Silver futures rise 0.23 pc on firm global cues


Press Trust of India New Delhi
Silver futures rose 0.23 per cent to Rs 37,545 per kg Monday after speculators raised bets, driven by a firm trend overseas.
Silver for delivery in May contracts traded higher by Rs 88, or 0.23 per cent, to Rs 37,545 per kg in a business turnover of 9,612 lots on the Multi Commodity Exchange.
In a similar manner, the white metal to be delivered in July contracts advanced by Rs 69, or 0.18 per cent, to Rs 38,127 per kg in 11,218 lots.
Analysts said widening of positions by traders in sync with a firm trend overseas for precious metals influenced silver prices at futures trade here.
In the international market, silver traded higher by 0.21 per cent at USD 15.03 an ounce in Singapore.

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First Published: Apr 29 2019 | 1:20 PM IST

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