The News Scroll 22 March 2019  Last Updated at 2:36 pm | Source: PTI

Silver futures surge 0.66% on upbeat demand

Silver futures surge 0.66% on upbeat demand
outlookindia.com
1970-01-01T05:30:00+0530

New Delhi, Mar 22 Silver futures traded higher 0.66 per cent at Rs 38,515 per kg Friday after speculators raised bets, driven by a firm trend overseas.

Silver for delivery in May traded higher by Rs 252, or 0.66 per cent, at Rs 38,515 per kg in a business turnover of 19,353 lots at the Multi Commodity Exchange.

In a similar manner, the white metal to be delivered in July rose by Rs 270, or 0.7 per cent, at Rs 38,515 per kg in 563 lots.

Analysts said widening of positions by traders, in sync with a firm trend overseas for precious metals mainly influenced silver prices here.

In the international market, silver traded higher at USD 15.48 an ounce in Singapore. ADI SHW SHW


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds.
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