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30/01/2013 10:52 AST
Silver prices spurted by Rs 309 to Rs 58,215 per kg at the futures trade today as speculators enlarged their positions, tracking a firming trend overseas.
At the Multi Commodity Exchange, silver for delivery in March rose Rs 309 or 0.53 per cent to Rs 58,215 per kg with a business turnover of 4,865 lots. Likewise, the white metal for delivery in May traded higher by Rs 289 or 0.50 per cent to Rs 59,585 per kg in 257 lots.
Market analysts said reports of a firming trend in the global markets mainly influenced silver prices at the futures trade.
Meanwhile, the white metal climbed 0.3 per cent to $31.50 an ounce in early trade in Singapore today.
The Hindu Business Line
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
(In US Dollar) | Change | Change(%) | |
---|---|---|---|
Gold | 1,332.2 | -8.6 | -0.64 |
Silver | 16.4 | -0.21 | -1.23 |
Platinum | 923 | -9 | -0.97 |
Palladium | 929 | -3 | -0.32 |
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