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Silver futures marginally up on global cues

A firming trend in precious metals in the global market on rising physical demand in China, influenced silver prices at futures trade here

Press Trust of India New Delhi
Silver traded a shade higher at Rs 45,635 per kg in futures trade today largely in tandem with a rising trend in precious metals in the global markets.

At the Multi Commodity Exchange, the September contract traded higher by Rs 52, or 0.11%, to Rs 45,635 per kg in a business turnover of 31 lots.

The July contract traded at Rs 46, or 0.10%, higher at Rs 44,907 per kg in a turnover of 1,018 lots.

In the international market, silver traded a shade higher at $23.97 an ounce in Singapore.

Analysts said a firming trend in precious metals in the global market on rising physical demand in China, influenced silver prices at futures trade here.

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First Published: May 08 2013 | 12:27 PM IST

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