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Silver up 0.4% on firm global cues

Silver for delivery in the September traded higher by 0.45%.

Press Trust of India New Delhi
Last Updated : Jun 11 2013 | 1:09 PM IST
Silver prices rose by Rs 202 to Rs 44,364 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 202, or 0.46%, higher at Rs 44,364 per kg in business turnover of 2,177 lots.
    
Likewise, silver for delivery in the September traded higher by Rs 202, or 0.45%, to Rs 44,955 per kg in 125 lots.
    

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Market analysts said fresh positions built up by speculators following overnight gains overseas, mainly pushed up silver prices at futures trade.
    
Meanwhile, silver rose 1.20% to $21.95 an ounce in New York in yesterday's trade.

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First Published: Jun 11 2013 | 1:07 PM IST

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