Silver Futures Rise on Spot Demand - PTI
Silver prices rose on the Multi Commodity Exchange on Thursday, driven by increased bets from participants. Globally, silver traded lower in New York.
New Delhi, Dec 26 (PTI) Silver prices on Thursday rose Rs 74 to Rs 89,400 per kilogram as participants increased their bets.
On the Multi Commodity Exchange, silver contracts for March delivery increased Rs 74 or 0.08 per cent to Rs 89,400 per kg in a business turnover of 32,855 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.27 per cent lower at USD 29.57 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery increased Rs 74 or 0.08 per cent to Rs 89,400 per kg in a business turnover of 32,855 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.27 per cent lower at USD 29.57 per ounce in New York.
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