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Silver Futures Rise On Spot Demand
Silver contracts for the December delivery gained Rs 392, or 0.64 per cent, to Rs 61,469 per kg in 13,162 lots.
Photo Credit :
1594205383_DzN910_black_and_silver_beads_on_white_surface.jpg
Silver prices rose Rs 392 to Rs 61,469 per kg in the futures trade on Friday as participants widened their bets on a firm spot demand.
On the Multi Commodity Exchange, silver contracts for the December delivery gained Rs 392, or 0.64 per cent, to Rs 61,469 per kg in 13,162 lots.
Analysts said the rise in silver prices was mostly due to fresh positions built by participants on a positive domestic trend.
Globally, silver was trading 0.99 per cent higher at USD 23.02 per ounce in New York.
(PTI)