NEW DELHI, Aug 23: Tracking a firming trend in base metals overseas, silver futures prices today recovered by 0.46 per cent to Rs 51,432 per kg as speculators built up fresh positions.
At the Multi Commodity Exchange, silver for delivery in September traded higher by Rs 237, or 0.46 per cent, to Rs 51,432 per kg in business turnover of 328 lots.
On the similar lines, the white metal for delivery in far-month December traded Rs 243, or 0.46 per cent, higher at Rs 52,517 per kg in a turnover of 10 lots.
In the international market, silver climbed 1.29 per cent, to trade at USD 23.19 an ounce in New York yesterday.
Market analysts said gains in both the precious metals in the global market on rising physical demand mainly influenced silver prices at futures trade here. (PTI)
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