Silver Futures Rise: Fresh Positions Boost Prices
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Silver futures climb on fresh positions. September delivery up Rs 26 to Rs 1,12,262 per kg. MCX silver prices analysis.
New Delhi, Aug 5 (PTI) Silver prices on Tuesday increased Rs 26 to Rs 1,12,262 per kilogram in futures trade as participants increased their bets.
On the Multi Commodity Exchange, silver contracts for September delivery appreciated Rs 26 or 0.02 per cent at Rs 1,12,262 per kg in a business turnover of 18,706 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
However, silver was trading 0.13 per cent lower at USD 37.36 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for September delivery appreciated Rs 26 or 0.02 per cent at Rs 1,12,262 per kg in a business turnover of 18,706 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
However, silver was trading 0.13 per cent lower at USD 37.36 per ounce in New York.
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