Silver Futures Traded 0.07 Percent Higher To Rs 41,223 per kg On July 30 After Speculators Raised Bets

Silver futures traded 0.07 percent higher to Rs 41,223 per kg on July 30 after speculators raised bets, driven by a firm trend overseas.

Silver for delivery in September contracts rose by Rs 28, or 0.07 percent, to Rs 41,223 per kg in a business turnover of 17,680 lots on the Multi Commodity Exchange.

Besides, the white metal to be delivered in December contracts surged by Rs 12, or 0.03 percent, to Rs 41,950 per kg in 1,182 lots.

Analysts said widening of positions by traders in sync with a firm trend overseas for precious metals mainly influenced silver prices here.

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