You are here: Home » Markets » Commodities » Precious Metals
Business Standard

Silver adds 0.2% in futures trade on global cues

Traders enlarge positions as metal edges up in Singapore

Press Trust of India  |  New Delhi 

Silver prices gained 0.20 per cent to Rs 38,268 per kg in futures trading today as speculators enlarged positions amid positive cues from overseas

At the Multi Commodity Exchange, silver for delivery in May rose by Rs 77, or 0.20 per cent, to Rs 38,609 per kg in a business turnover of 68 lots.

March silver traded higher by Rs 64, or 0.17 per cent, to Rs 38,268 per kg in 406 lots.

Analysts said a better trend in in global influenced silver prices at futures trade here.

Meanwhile, silver traded 0.06 per cent higher at $17.33 an ounce in Singapore.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, February 16 2015. 11:50 IST
RECOMMENDED FOR YOU
.