Silver futures up on firm spot demand,global cueshttps://indianexpress.com/article/business/commodities/silver-futures-up-on-firm-spot-demand-global-cues/

Silver futures up on firm spot demand,global cues

Silver prices moved up by Rs 199 to Rs 62,611 per kg in futures trading today.

Amid pick up in domestic demand and firm global trend,silver prices moved up by Rs 199 to Rs 62,611 per kg in futures trading today.

At the Multi Commodity Exchange,silver for delivery in December rose by Rs 199,or 0.32 per cent to Rs 62,611 per kg in business turnover of 14,561 lots.

Similarly,the white metal for delivery in March traded higher by Rs 192,or 0.30 per cent,to Rs 64,311 per kg in 403 lots.

Market analysts said besides firming global trend,pick- up in demand in the spot market mainly pushed up silver prices at futures market.

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Meanwhile,silver rose 0.2 per cent to USD 34.06 an ounce in London.