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Silver futures rise 0.08 pc on overseas cues

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Press Trust of India New Delhi

Silver prices were trading marginally higher by 0.08 per cent to Rs 39,281 per kg in futures trade today as participants built up fresh positions amid better trend overseas.

At the Multi Commodity Exchange, silver for delivery in July was quoting higher by Rs 33, or 0.08 per cent, to Rs 39,281 per kg in a business turnover of 12 lots.

Similarly, the white metal for delivery in May was trading up by Rs 23, or 0.06 per cent, to Rs 38,691 per kg in 254 lots.

Traders attributed the rise in silver prices at futures trade to a firm trend overseas.

Globally, silver rose 0.37 per cent to USD 16.48 an ounce in Singapore.

 

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First Published: Apr 13 2018 | 11:10 AM IST

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