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Silver futures rise by Rs 26 per kg

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Press Trust of India New Delhi

Silver prices rose by Rs 26 to Rs 39,009 per kg in futures trade today after investors raised their bets amid positive global trends.

At the Multi Commodity Exchange, silver for delivery in far-month July traded higher by Rs 26, or 0.07 per cent, to Rs 39,009 per kg, in a business turnover of 39 lots.

The white metal for delivery in May contracts also gained Rs 25, or 0.07 per cent, to quote at Rs 38,442 per kg in a turnover of 662 lots.

In the international market, silver up 0.03 per cent to USD 16.40 an ounce in Singapore today.

Market analysts attributed the rise in silver prices in futures trade to widening of bets by participants, driven by a firm trend overseas.

 

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First Published: Apr 04 2018 | 11:50 AM IST

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