Wednesday, 29 June 2011
Posted by
Admin Hijrah Dinar
New Delhi: Silver prices rose by Rs 510 to Rs
51,160 per kg in futures trading on Wednesday as speculators enlarged
their positions on the back of a firming global trend.
At the Multi Commodity Exchange, silver for delivery in July
rose by Rs 510, or 1.01 per cent, to Rs 51,160 per kg, with a business
turnover of 6,774 lots.
Similarly, the metal for delivery in September moved up by Rs 510, or 0.99 per cent, to Rs 52,072 per kg, with an open interest of 1,632 lots.
Market analysts said fresh buying by speculators in tandem with a firming global trend mainly pushed up silver futures prices.
Meanwhile, silver traded 0.38 per cent higher at USD 34.07 an ounce in the Asian region.
Similarly, the metal for delivery in September moved up by Rs 510, or 0.99 per cent, to Rs 52,072 per kg, with an open interest of 1,632 lots.
Market analysts said fresh buying by speculators in tandem with a firming global trend mainly pushed up silver futures prices.
Meanwhile, silver traded 0.38 per cent higher at USD 34.07 an ounce in the Asian region.
Category:
Gold Saving / Investment
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