Comments
Silver prices rose Rs 330 to Rs 40,056 per kg at the futures trade today as participants raised their bets amid a firm trend in precious metals overseas.
Silver for delivery in far-month May was up by Rs 330 or 0.83 per cent at Rs 40,056 per kg at the Multi Commodity Exchange in a business turnover of 12 lots.
Likewise, the white metal for delivery in March spurted Rs 319 or 0.82 per cent to Rs 39,437 per kg in 599 lots.
Analysts said widening of positions by speculators in step with a firm trend in global markets influenced silver prices at the futures trade.
Meanwhile, silver was up 0.16 per cent at $15.98 an ounce in Singapore today.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.