Thursday, 16 February 2017

Silver futures up 0.29% on global cues

Silver prices rose 0.29 per cent to Rs 42,774 per kg in futures trade today largely in tune with a firm trend in global market.

At the Multi Commodity Exchange, silver for delivery in March was trading higher by Rs 123, or 0.29 per cent, to Rs 42,774 per kg, in a business turnover of 354 lots.

Also, the white metal for delivery in May rose by Rs 119, or 0.28 per cent, to Rs 43,300 per kg in three lots.
In the international market, silver gained 0.06 per cent to USD 17.96 an ounce in Singapore today.

Market analysts said a firming trend in the global market, mainly influenced silver futures.


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