Silver prices rose on Monday in futures trade due to increased spot demand. The rise was also influenced by positive domestic trends. Read more on PTI.
New Delhi, Jun 24 (PTI) Silver prices on Monday marginally rose Rs 5 to Rs 89,144 per kilogram in futures trade as participants widened their bets on a firm spot demand.
On the Multi Commodity Exchange, silver contracts for July delivery increased Rs 5 or 0.01 per cent, to Rs 89,144 per kg in 16,366 lots.
Analysts said the rise in silver prices was mainly due to fresh positions built up by participants on a positive domestic trend.
Globally, silver was trading 0.05 per cent lower at USD 29.91 per ounce in New York.
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