Silver prices climbed Rs 444 to Rs 83,438 per kg in futures trade on Thursday, driven by strong spot demand. Read more about the rise in silver prices.
New Delhi, May 9 (PTI) Silver prices on Thursday climbed Rs 444 to Rs 83,438 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 444 or 0.53 per cent to Rs 83,438 per kg in 26,382 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 higher 0.81 per cent at USD 27.83 per ounce in New York.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback