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Silver futures rise by 0.3%

Speculators created fresh positions even as the white metal weakened overseas

Silver futures rise by 0.3%
Press Trust of India New Delhi
Last Updated : Mar 02 2016 | 12:28 PM IST
Silver prices rose by 0.26% to reach Rs 36,183 per kg in futures trading today as speculators created fresh positions even as the white metal weakened overseas.

In futures trading at the Multi Commodity Exchange, silver for delivery in far-month May traded higher by Rs 95, or 0.26%, at Rs 36,183 per kg, in a business turnover of 439 lots.

Read more from our special coverage on "SILVER PRICES"



Likewise, the white metal for delivery in March was up by Rs 59, or 0.17%, to Rs 35,680 per kg in just one lot.

Analysts said fresh positions built by speculators helped silver futures trade but a weak trend overseas, capped the gains.

Meanwhile, silver was down 0.20% at $14.78 an ounce in Singapore today.

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First Published: Mar 02 2016 | 11:22 AM IST

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