Follow Us:
Thursday, July 07, 2022

Silver futures up Rs 126, tracking positive global cues

Globally, silver traded 0.12 per cent higher at USD 17.40 an ounce in Singapore.

By: PTI | New Delhi |
October 17, 2016 12:01:06 pm

Silver prices were up by Rs 126 to Rs 42,835 per kg in futures trade on Monday after participants raised their bets amid firming global trends. At the Multi Commodity Exchange, silver for delivery in far-month March 2017 was up by Rs 126, or 0.30 per cent, to Rs 42,835 per kg, in a moderate business turnover of two lots.

Similarly, the white metal for delivery in December traded higher by Rs 84, or 0.20 per cent, to Rs 41,905 per kg, in a business volume of 710 lots.

Analysts attributed the rise in silver prices at futures trade to a firming trend in the precious metals overseas.

Globally, silver traded 0.12 per cent higher at USD 17.40 an ounce in Singapore.

Subscriber Only Stories
Skin Allergies In Children – What parents need to know?Premium
What makes KuCoin P2P Trading Platform a Good Choice To Buy Crypto?Premium
Airtel Demonstrates Immersive Video Entertainment On 5G; Recreates Kapil ...Premium
Is It A Good Idea To Keep One Account For All Your Financial Transactions?Premium

Hot Offer Putin claims victory in Mariupol, leaving Ukrainian defenders holed up Subscribe Now

📣 Join our Telegram channel ( The Indian Express ) for the latest news and updates

For all the latest News Briefs News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
Latest Comment
Post Comment
Read Comments