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

Silver futures soar Rs 192 on firm global cues

Image
Press Trust of India New Delhi
Last Updated : Sep 02 2016 | 11:22 AM IST
Silver prices rose by Rs 192 to Rs 44,490 per kg in futures trading today as participants widened their bets amid a firming trend in precious metals overseas.
At the Multi Commodity Exchange, silver for delivery this month was trading higher by Rs 192 or 0.43 per cent at Rs 44,490 per kg in a business turnover of 12 lots.
Likewise, the white metal for delivery in far-month December rallied by Rs 139 or 0.31 per cent to Rs 45,318 per kg in 987 lots.
Analysts said bets enlarged by speculators in tandem with a firming trend in precious metals overseas, influenced silver prices at futures trade here.
Meanwhile, silver was up 0.21 per cent at USD 18.90 an ounce in Singapore.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

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

Next Story