 "Silver futures up 0.56% on global cues")
Tracking gains in global market, silver prices spurted Rs 186 to Rs 33,485 per kg in futures trade today, as participants created speculative position.
Silver for delivery in December was trading notably higher by Rs 186, or 0.56 per cent at Rs 33,485 per kg in a business turnover of five lots at the Multi Commodity Exchange.
March silver soared Rs 145, or 0.42 per cent to Rs 34,321 per kg in 477 lots.
Analysts said a firming trend in the global market as the rally in the dollar paused, boosting the metal's allure and weakened dollar, mainly influenced silver futures here.
Silver for delivery in December was trading notably higher by Rs 186, or 0.56 per cent at Rs 33,485 per kg in a business turnover of five lots at the Multi Commodity Exchange.
March silver soared Rs 145, or 0.42 per cent to Rs 34,321 per kg in 477 lots.
More From This Section
In the international market, silver added 0.75 per cent to $14.17 an ounce in New York yesterday.
Analysts said a firming trend in the global market as the rally in the dollar paused, boosting the metal's allure and weakened dollar, mainly influenced silver futures here.