Silver prices went up by Rs 83 to trade at Rs 42,369 per kg in futures trading today as participants indulged in enlarging positions amid a firm trend in precious metals overseas.
In futures trading, silver for delivery in March was up by Rs 83, or 0.20 per cent, at Rs 42,369 per kg at the Multi Commodity Exchange, in a business turnover of 163 lots.
Likewise, the white metal for delivery in far-month May spurted Rs 53, or 0.12 per cent, to Rs 42,910 per kg in 95 lots.
Also Read
Analysts said widening of positions by speculators in step with a firm trend in global markets, influenced silver prices at futures trade.
Meanwhile, silver was up 1.26 per cent to USD 17.71 an ounce in New York yesterday.
Disclaimer: No Business Standard Journalist was involved in creation of this content
