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Silver futures up 0.1% on global cues

Metal for delivery in May gained 0.14%

Press Trust of India New Delhi
Last Updated : Dec 26 2013 | 12:26 PM IST
Silver rose by 0.15% to Rs 44,056 per kg in futures market today largely in tune with a firming trend in the global markets.

At the Multi Commodity Exchange, silver for delivery in March moved up by Rs 64, or 0.15%, to Rs 44,056 per kg in business turnover of 330 lots.

Similarly, the metal for delivery in May gained Rs 61, or 0.14%, to Rs 45,000 per kg in a single lot.

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Market analysts said the rise in silver prices at futures trade was mostly attributed to fresh positions built-up by speculators driven by a firming trend overseas.

Globally, silver traded 0.2% higher at USD 19.53 an ounce in Singapore today.

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First Published: Dec 26 2013 | 12:18 PM IST

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