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Silver futures gain 0.20% pc on overseas cues

Silver prices traded higher by 0.20 percent to Rs 37,970 per kg in futures market today as speculators created fresh positions amid positive global cues.


PTI 07 Aug 2018, 05:09 AM India
  • September rose by Rs 74, or 0.20 percent to Rs 37,970 per kg in business turnover of 520 lots. (Image Credit: Twitter)

Silver prices traded higher by 0.20 percent to Rs 37,970 per kg in futures market today as speculators created fresh positions amid positive global cues.

At the Multi Commodity Exchange, silver for delivery in

September rose by Rs 74, or 0.20 percent to Rs 37,970 per kg in business turnover of 520 lots.

Similarly, the white metal for delivery in December went up by Rs 63, or 0.16 percent to Rs 38,799 per kg in 9 lots.

Market analysts said fresh positions created by traders in tandem with a firm global trend, attributed the rise in the silver prices at futures trade.

Meanwhile, silver rose by 0.36 percent to USD 15.31 an ounce in Singapore.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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