Silver up by Rs 40 a kg on global cues
Silver prices were up by Rs 40 to Rs 41,548 per kg in futures trade today as speculators widened their bets.
In futures trading at the Multi Commodity Exchange, silver for delivery in July was trading higher by Rs 40 or 0.10 per cent to Rs 41,548 per kg in a business turnover of 494 lots.
The white metal for delivery in September advanced by Rs 30 or 0.07 per cent to Rs 42,185 per kg in 31 lots.
Market analysts said speculative position created by participants, driven by firm global trend, mainly influenced silver futures prices here.
Meanwhile, silver rose 0.74 per cent to USD 17.13 an ounce in New York yesterday.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.