NEW DELHI, July 17: Tracking a rising trend in global markets, silver futures prices today rose by 0.63 per cent to Rs 45,730 per kg as speculators built fresh positions amid covering-up of short positions.
At the Multi Commodity Exchange, silver for delivery in far-month December traded higher by Rs 285, or 0.63 per cent, to Rs 45,730 per kg in business turnover of eight lots.
On similar lines, the white metal for delivery in September traded Rs 277, or 0.60 per cent, higher at Rs 44,844 per kg in a turnover of 681 lots.
In the international market, silver traded higher at USD 20.79 an ounce in Singapore from USD 20.76 yesterday.
Market analysts said besides covering up of short positions by speculators, a firming trend in the precious metals in the global market, supported the upside in silver futures here. (PTI)
Silver futures up 0.63% on global cues
Holy Chhari of Chamunda Devi being flagged off from Rameshwar Mandir Bahu Fort on Thursday. —Excelsior/Rakesh

Holy Chhari of Chamunda Devi being flagged off from Rameshwar Mandir Bahu Fort on Thursday. —Excelsior/Rakesh
Dignitary addressing during spiritual awareness camp at Udhampur on Thursday.
Dignitary addressing during spiritual awareness camp at Udhampur on Thursday.
Balwant Thakur interacting with media persons at Jammu on Thursday.
Balwant Thakur interacting with media persons at Jammu on Thursday.
Janak Raj Gupta inaugurating water supply pipeline in Christian Colony.
Janak Raj Gupta inaugurating water supply pipeline in Christian Colony.
Crude oil futures up by 0.28% on overseas cues
New Delhi, Jul 17 (PTI) Crude oil futures rose by 0.28 per cent to Rs 6,105 per barrel today as speculators created fresh positions amid a firm trend in Asia.
At the Multi Commodity Exchange, crude oil for delivery in July gained Rs 17, or 0.28 per cent, to Rs 6,105 per barrel, with a business turnover of 1,573 lots.
The oil for the August delivery moved up by Rs 15, or 0.25 per cent, to Rs 6,099 per barrel, with a business volume of 168 lots.
Analysts said the rise in crude oil futures was largely in tandem with a firming trend in Asia after a bullish US stockpiles report raised hopes of resurgent demand in the world’s top crude consumer.
Meanwhile, West Texas Intermediate crude oil for the August delivery advanced by 25 cents at USD 101.45, while Brent crude for September gained two cents to USD 107.19 a barrel in mid-morning trade on the New York Mercantile Exchange. (PTI)
JP Duminy of South Africa celebrating his century against Sri Lanka at Galle on Thursday.
JP Duminy of South Africa celebrating his century against Sri Lanka at Galle on Thursday.
Students presenting cultural item during Sub-Regional Social Science Exhibition at KV Nagrota.
Students presenting cultural item during Sub-Regional Social Science Exhibition at KV Nagrota.
Mentha oil futures down by 1.28% on profit-booking
NEW DELHI, July 17: Mentha oil futures prices today drifted Rs 9.40 to Rs 723.80 per kg as speculators booked profits after recent gains amidst sluggish demand in spot markets.
At the Multi Commodity Exchange, mentha oil for delivery in August eased by Rs 9.40, or 1.28 per cent, to Rs 723.80 per kg in business turnover of 178 lots.
Likewise, the oil for delivery in the July traded lower by Rs 8.40, or 1.17 per cent, to Rs 709.20 per kg in 402 lots.
The fall in mentha futures prices was mostly due to profit-booking by speculators after recent gains and sluggish demand in spot markets from pharmaceutical units, analysts said. (PTI)
Cardamom futures extend gains by 0.74%
NEW DELHI, July 17: Cardamom prices rose further by Rs 6.90 to Rs 935 per kg in futures trade today as speculators created fresh positions, supported by rising demand in the spot markets.
At the Multi Commodity Exchange, cardamom for delivery in August rose Rs 6.90, or 0.74 per cent, to Rs 935 per kg in business turnover of 228 lots.
Similarly, the spice for delivery in September traded higher by Rs 5.60, or 0.61 per cent, to Rs 913 per kg in 39 lots.
Market analysts said fresh positions created by speculators following pick up in demand in the spot markets against restricted arrivals from producing regions mainly led to the rise in cardamom prices at futures trade. (PTI)




