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Last Updated : Nov 08, 2019 01:07 PM IST | Source: PTI

Silver futures rise Rs 147 on domestic cues

On the Multi Commodity Exchange, silver contracts for December delivery gained Rs 147, or 0.33 percent, to Rs 44,315 per kg in a business turnover of 3,451 lots.

Silver prices on Friday rose by Rs 147 to Rs 44,315 per kg in futures trade as participants widened their bets despite a sluggish trend overseas.

On the Multi Commodity Exchange, silver contracts for December delivery gained Rs 147, or 0.33 percent, to Rs 44,315 per kg in a business turnover of 3,451 lots.

Similarly, the white metal for delivery in March next year traded higher by Rs 190, or 0.42 percent, to Rs 44,949 per kg in 138 lots.

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Analysts said widening of positions by participants amid firm demand at physical markets influenced silver prices here.

In the international market, silver was down 0.03 percent at USD 17.01 an ounce in New York.

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First Published on Nov 8, 2019 12:58 pm
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