Silver futures prices today rose by Rs 152 to Rs 52,980 per kg on pick-up in demand in the spot market supported by festive season amid a firm global trend.
At the Multi Commodity Exchange, silver for delivery in September rose by Rs 152, or 0.29 per cent to Rs 52,980 per kg in business turnover of 5,843 lots.
Similarly, the white metal for delivery in December gained Rs 147, or 0.27 per cent, to Rs 54,695 per kg in 237 lots.
Analysts said besides pick up in demand in the spot market following festive season, a firm global trend mainly led to rise in silver futures.
Meanwhile, silver rose 0.3 per cent to USD 27.06 an ounce in Singapore.
Source:http://economictimes.indiatimes.com/markets/commodities/silver-futures-up-on-spot-demand-global-cues/articleshow/15140779.cms
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