Silver futures up on global cues

NEW DELHI, Dec 26: Silver rose by 0.15 per cent to Rs 44,056 per kg in futures market today largely in tune with a firming trend in the global markets.
At the Multi Commodity Exchange, silver for delivery in March moved up by Rs 64, or 0.15 per cent, to Rs 44,056 per kg in business turnover of 330 lots.
Similarly, the metal for delivery in May gained Rs 61, or 0.14 per cent, to Rs 45,000 per kg in a single lot.
Market analysts said the rise in silver prices at futures trade was mostly attributed to fresh positions built-up by speculators driven by a firming trend overseas.
Globally, silver traded 0.2 per cent higher at USD 19.53 an ounce in Singapore today. (AGENCIES)