Business Standard

Silver futures trade higher on spot demand

Rise in spot market demand supported the trade

Press Trust of India New Delhi
Silver futures for May traded higher by Rs 28, or 0.05% to Rs 59,780 per kg in 234 lots.

At the Multi Commodity Exchange (MCX), the March contract inched up by Rs 22, or 0.04% to Rs 58,398 per kg in 5214 lots.

Market analysts said fresh buying by speculators, supported by a rise in spot market demand mainly helped silver prices to trade a shade higher at futures trade.

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First Published: Feb 07 2013 | 3:19 PM IST

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