Silver futures up at Rs 44,056 per kg

December 26, 2013

New Delhi-India (Dec 26)   Silver rose 0.15 per cent to Rs 44,056 per kg at the futures market today largely in tune with a firm trend in the global market.

On the Multi Commodity Exchange, silver for delivery in March moved up by Rs 64 or 0.15 per cent to Rs 44,056 per kg in a business turnover of 330 lots.

Similarly, the metal for delivery in May gained Rs 61 or 0.14 per cent to Rs 45,000 per kg in a single lot.

Market analysts said the rise in silver prices at the futures trade was mostly attributed to fresh positions built up by speculators driven by a firm trend overseas.

Globally, silver traded 0.2 per cent higher at $19.53 an ounce in Singapore today.

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