Silver futures up 0.30% on fresh positions

NEW DELHI, Nov 24: Silver prices moved up by 0.30 per cent to Rs 36,190 per kg in futures trade today after investors created fresh positions, ignoring the metal’s weakness overseas.

At the Multi Commodity Exchange, silver for delivery in December moved up by Rs 110, or 0.30 per cent, to Rs 36,190 per kg in a business turnover of 640 lots.

On similar lines, the white metal for delivery in March 2015 rose by Rs 92, or 0.25 per cent, to Rs 37,130 per kg in 55 lots.

Market analysts attributed the rise in silver prices at futures trade to fresh positions built-up by speculators even as metal weakened overseas.

Meanwhile, silver fell 0.2 per cent to USD 16.41 an ounce in Singapore today. (PTI)

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