MTECHTIPS;- Silver futures surge 0.15% on global cues
MTECHTIPS;- Silver futures surge 0.15% on global cues
MTECHTIPS-Silver futures traded higher by 0.15 per cent at Rs 36,965 per kg Thursday after speculators raised bets, driven by a firm trend overseas. Silver for delivery in December traded higher by Rs 56, or 0.15 per cent, at Rs 36,965 per kg in a business turnover of 1,234 lots at the Multi Commodity Exchange. In a similar manner, the white metal to be delivered this month, too, rose Rs 42, or 0.11 per cent, to Rs 36,965 per kg in 1,568 lots. Analysts said widening of positions by traders in sync with a firm trend on global markets for precious metals, influenced silver prices at futures trade here. In the international market, silver traded higher at USD 14.59 an ounce in Singapore Thursday
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