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Silver futures soar Rs 76 on firm global cues

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Press Trust of India New Delhi

Silver prices were higher by Rs 76 to Rs 39,122 per kg in futures trading today as participants widened their bets amid a firming trend in precious metals overseas.

At the Multi Commodity Exchange, silver for delivery in far-month September was trading higher by Rs 76, or 0.19 per cent, at Rs 39,122 per kg, in a business turnover of 175 lots.

Analysts said bets enlarged by speculators in tandem with a firming trend in precious metals overseas, influenced silver prices at futures trade.

Meanwhile, silver was up 0.16 per cent at USD 15.81 an ounce in Singapore.

 

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First Published: Jul 16 2018 | 1:20 PM IST

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