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Silver prices surge by Rs 57 on firm global cues

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Press Trust of India New Delhi

Silver futures rose by Rs 57, or 0.15 per cent to Rs 38,421 per kg as the white metal gained

in the global markets.

The rates for far-month March next year rose by Rs 57 or 0.15 per cent to Rs 38,421 per kg in a business turnover of three lots at the Multi Commodity Exchange.

The white metal for delivery in December was trading higher by Rs 26 or 0.07 per cent to Rs 37,625 per kg in 594 lots.

Marketmen said speculative buying driven by firm global trend led to a rise in silver prices at futures trade here.

Silver was trading 0.35 per cent higher at USD 14.29 an ounce in Singapore.

 

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First Published: Sep 28 2018 | 11:50 AM IST

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