Silver futures rise 0.19 pc aided by firm global cues

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Press Trust of India New Delhi
Last Updated : Jun 27 2016 | 5:48 PM IST
Taking positive cues from the global market, silver prices moved up by 0.19 per cent to Rs 43,265 per kg in futures trade today as participants created speculative positions.
At the Multi Commodity Exchange, silver for delivery in in far-month September went up by Rs 82, or 0.19 per cent to Rs 43,265 per kg in a business turnover of 1,875 lots.
Likewise, the metal for delivery in July traded higher by Rs 62, or 0.15 per cent to Rs 42,454 per kg in 9,231 lots.
Market analysts said fresh positions built up by traders, driven by a firm trend in precious metals overseas as the fallout from the UK's decision to leave the European Union boosted haven demand, mainly influenced silver prices at futures trade.
Meanwhile, silver traded higher by 0.14 per cent to USD 17.75 an ounce in London.

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First Published: Jun 27 2016 | 5:48 PM IST

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