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Silver up by Rs 40 a kg on global cues

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Press Trust of India New Delhi
Last Updated : Jun 15 2018 | 12:20 PM IST

Silver prices were up by Rs 40 to Rs 41,548 per kg in futures trade today as speculators widened their bets.

In futures trading at the Multi Commodity Exchange, silver for delivery in July was trading higher by Rs 40 or 0.10 per cent to Rs 41,548 per kg in a business turnover of 494 lots.

The white metal for delivery in September advanced by Rs 30 or 0.07 per cent to Rs 42,185 per kg in 31 lots.

Market analysts said speculative position created by participants, driven by firm global trend, mainly influenced silver futures prices here.

Meanwhile, silver rose 0.74 per cent to USD 17.13 an ounce in New York yesterday.

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

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First Published: Jun 15 2018 | 12:20 PM IST

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