Silver futures up Rs 193 aided by global cues
Press Trust of India New Delhi Taking positive cues from the global market, silver prices rose notably by Rs 193 to Rs 36,851 per kg in futures trade today largely as traders created speculative positions.
At the Multi Commodity Exchange, silver for delivery in far-month March next year was trading higher by Rs 193, or 0.53 per cent, to Rs 36,851 per kg in a business turnover of 22 lots.
Also, the white metal for delivery in December rose by Rs 175, or 0.49 per cent, to Rs 36,107 per kg in 1,415 lots.
In the international market, silver gained 1.41 per cent to USD 15.14 an ounce in New York yesterday.
Market analysts said a firming trend in the global market following the US central bank's decision to hold off hiking interest rates influenced gold prices here.