 "Silver futures rise by 1% on overseas cues")
Tracking a firming trend overseas, silver prices rose by 1.04% to Rs 37,557 per kg in futures trading today as traders built up fresh positions.
At the Multi Commodity Exchange, silver for delivery in May rose by Rs 387, or 1.04%, to Rs 37,557 per kg, in a business turnover of 60 lots.
Similarly, the white metal for delivery in March gained Rs 325, or 0.88%, to Rs 37,105 per kg in 922 lots.
Meanwhile, silver rose 0.65% to $15.38 an ounce in Singapore.
At the Multi Commodity Exchange, silver for delivery in May rose by Rs 387, or 1.04%, to Rs 37,557 per kg, in a business turnover of 60 lots.
Similarly, the white metal for delivery in March gained Rs 325, or 0.88%, to Rs 37,105 per kg in 922 lots.
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Analysts said fresh positions created by participants amid firming trend in global markets mainly led to the rise in silver prices at futures trade.
Meanwhile, silver rose 0.65% to $15.38 an ounce in Singapore.