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Silver futures up on better global trend

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Press Trust of India New Delhi

Silver prices rose by Rs 107 to Rs 26,525 per kg in futures trade today on fresh buying in tandem with a firming global trend.

At the Multi Commodity Exchange, silver for delivery in July rose by Rs 107, or 0.41per cent to Rs 26,525 per kg with an open interest of 1,346 lots.

Similarly, May silver gained Rs 98, or 0.37 per cent to Rs 26,320 per kg in 14,945 lots.

Fresh buying activity after reports of firming trend in overseas market helped silver prices to improve at futures market.

Meanwhile, silver traded higher by two cent to $16.58 an ounce in New York last evening.

 

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First Published: Mar 26 2010 | 2:29 PM IST

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