Don’t miss the latest developments in business and finance.

Silver futures gain Rs 98 on global cues

Traders create fresh positions as metal adds 0.26% in Singapore

Press Trust of India New Delhi
Last Updated : Aug 25 2014 | 2:06 PM IST
Silver prices were up by Rs 98 to Rs 43,089 per kg in futures trade today as participants created speculative positions on a firming trend in the precious metal overseas.

At the Multi Commodity Exchange, silver for delivery in December traded higher by Rs 98, or 0.23 per cent, to Rs 43,089 per kg in a business turnover of 91 lots.

September silver traded higher by Rs 70, or 0.17 per cent, to Rs 42,310 per kg in a turnover of 1,533 lots.

More From This Section

In the international market, silver added 0.26 per cent to trade at $19.45 an ounce in Singapore.

Market analysts attributed the gains in silver prices at futures trade to a firming trend overseas.

Also Read

First Published: Aug 20 2014 | 12:20 PM IST

Next Story