Comments
Tracking a firm trend overseas, silver prices surged Rs 208 to Rs 40,337 per kg at the futures trade today as traders built up fresh positions.
At the Multi Commodity Exchange, silver for delivery in December spurted Rs 208 or 0.52 per cent to Rs 40,337 per kg, in a business turnover of 390 lots. Similarly, the white metal for delivery in March next year was trading higher by Rs 187 or 0.46 per cent to Rs 40,886 per kg in 5 lots.
Market analysts said fresh positions created by participants in line with a firm trend in global markets influenced silver prices at the futures trade here.
Meanwhile, silver rose 0.29 per cent to $17.20 an ounce in Singapore.
Comments
COMMENT NOW
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.