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Silver futures up 0.5% on firm global cues

Silver for delivery in the September traded higher by 0.50%

Press Trust of India New Delhi
Last Updated : Jul 01 2013 | 11:40 AM IST
Silver prices rose Rs 223 to Rs 40,431 per kg in futures trading today as speculators created fresh positions buoyed by a firm global trend.

At the Multi Commodity Exchange, silver for delivery in July traded Rs 223, or 0.51%, higher at Rs 40,431 per kg in business turnover of 145 lots.

Likewise, silver for delivery in the September traded higher by Rs 211, or 0.50%, to Rs 40,999 per kg in 618 lots.

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Market analysts said fresh positions built up by speculators driven by a firm global trend, mainly influenced silver prices at futures trade here.

Meanwhile, silver rose by 0.33% to $19.83 an ounce in Singapore.

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First Published: Jul 01 2013 | 11:39 AM IST

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