Silver prices inched up by 0.10 per cent to Rs 39,030 per kg at the futures trade today as participants raised their bets, taking positive cues from overseas markets.
At the Multi Commodity Exchange, silver for delivery in March edged up by Rs 38 or 0.10 per cent to Rs 39,030 per kg in a business turnover of 1,155 lots. Similarly, the white metal for delivery in May traded higher by Rs 22 or 0.06 per cent to Rs 39,058 per kg in 2,105 lots.
Traders attributed the rise in silver prices at the futures trade to a firm trend overseas. Globally, silver traded higher 0.18 per cent at $16.97 an ounce in Singapore.
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.