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Silver futures rise 0.3% on global cues

Speculators enlarged positions amid a firming trend overseas

Press Trust of India New Delhi
Silver prices edged higher by 0.26% to Rs 35,790 per kg in futures trade today after speculators enlarged positions amid a firming trend overseas.

At the Multi Commodity Exchange, silver for delivery in May was up by Rs 93, or 0.26%, to Rs 35,790 per kg in a business turnover of 1,534 lots.

Also, the white metal for delivery in July traded higher by Rs 22, or 0.06%, to Rs 36,254 per kg in 11 lots.

Analysts attributed the rise in silver prices at futures trade to a firming trend in the precious metals overseas.

Meanwhile, silver traded 0.4% higher at $15.73 an ounce in Singapore.
 

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First Published: Mar 11 2015 | 12:22 PM IST

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