Silver futures up 0.19 pc on global cues

Silver prices moved up by 0.19 per cent to Rs 37,464 per kg in futures trade today after speculators built up positions amid firm trend overseas.
At the Multi Commodity Exchange, silver for delivery in March rose by Rs 72, or 0.19 per cent, to Rs 37,464 per kg in a business turnover of 431 lots.
Likewise, the white metal for delivery in May was trading higher by Rs 48, or 0.13 per cent, to Rs 37,929 per kg in 4 lots.
Analysts said the rise in silver prices at futures trade was mostly attributed to building up of positions by participants and firm global cues.

Globally, silver traded higher by 0.03 per cent to USD 16.13 an ounce in Singapore today.