Silver futures rise on spot demand

Silver futures rise on spot demand

New Delhi, Nov 16 (PTI) Silver prices on Thursday jumped Rs 243 to Rs 72,615 per kilogram in futures trade as participants widened their bets on a firm spot demand.

On the Multi Commodity Exchange, silver contracts for December delivery increased Rs 243 or 0.84 per cent to Rs 72,615 per kg in 18,177 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 0.35 per cent higher at USD 23.62 per ounce in New York. PTI SGC SHW

Disclaimer: This story is auto-generated feed.

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