Analysts said a better trend in precious metals in global markets influenced silver prices at futures trade here. Meanwhile, silver traded 0.06 percent higher at USD 17.33 an ounce in Singapore.
Silver prices gained 0.20 percent to Rs 38,268 per kg in futures trading today as speculators enlarged positions amid positive cues from overseas markets. At the Multi Commodity Exchange, silver for delivery in May rose by Rs 77, or 0.20 percent, to Rs 38,609 per kg in a business turnover of 68 lots.
Likewise, the metal for delivery in March traded higher by Rs 64, or 0.17 percent, to Rs 38,268 per kg in 406 lots.
Analysts said a better trend in precious metals in global markets influenced silver prices at futures trade here. Meanwhile, silver traded 0.06 percent higher at USD 17.33 an ounce in Singapore.
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Silver rises in futures trade on global cues
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