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Silver futures edge up to Rs

Silver futures edge up to Rs. 39,030 per kg

Thu Jan 11 2018


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.


Source: Hindu business line.