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Update at 1445 hrs (IST)


Commodities
Silver futures rule firm

NEW DELHI: Silver futures prices rose by 1.40 per cent on Tuesday as speculators indulged in creating fresh positions in tandem with firming global trend. At the MCX platform, silver for far-month May rose by 1.40 per cent to Rs 27,609 per kg in just tw o lots.

Similarly, silver for delivery in March contract gained 0.72 per cent to Rs 27,495 per kg in business turnover in 139 lots.

Marketmen said fresh buying by speculators influenced by firming global trend mainly led to rise in silver prices. Meanwhile, silver gained 0.34 cent to 17.17 dollar an ounce in overseas market. - PTI

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