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Silver up by 0.5% in futures trade on overseas cues

Traders attributed the rise in silver futures to a firm global trend

Silver up by 0.5% in futures trade on overseas cues

Press Trust of India New Delhi
Taking positive cues from overseas markets, silver prices rose by 0.48% to Rs 33,724 per kg in futures trading today as participants increased their positions.

At the Multi Commodity Exchange, silver for delivery in December rose by Rs 162, or 0.48%, to Rs 33,724 per kg in a business turnover of 303 lots.

On similar lines, the white metal for delivery in far-month March next year traded higher by Rs 142, or 0.41%, to Rs 34,415 per kg in eight lots.

Traders attributed the rise in silver futures to a firm global trend.

Globally, silver rose 0.8% to $14.29 an ounce in Singapore.

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First Published: Nov 19 2015 | 10:57 AM IST

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