Silver prices traded higher 0.2 percent at Rs 38,766 per kg Wednesday after speculators raised bets, driven by a firm trend overseas.
At the Multi Commodity Exchange, silver for delivery in May rose by Rs 77, or 0.2 percent, at Rs 38,766 per kg in a business turnover of 18,631 lots.
Similarly, the white metal for far-month July edged higher by Rs 93, or 0.24 percent, at Rs 39,298 per kg in 385 lots.
Analysts said, widening of positions by traders in sync with a firm trend in global markets mainly influenced the silver prices here.
In the international market, silver traded higher by 0.74 percent at USD 15.45 an ounce in Singapore.
We provide you sure shot Commodity & Equity Market Tips, Intraday tips, share market tips, Mcx bullion tips, Mcx tips, Crude tips, Stock tips, Future and Cash tips with Technical & Fundamental Research.
Visit: www.ripplesadvisory.com
Contact us @ +91-9644405056
Source: Moneycontrol
No comments:
Post a Comment