Silver futures on Wednesday traded higher by Rs 297
Silver futures on Wednesday traded higher by Rs 297 at Rs 45,591 per kg after speculators raised bets, driven by a firm trend overseas.
Silver contracts for March delivery rose by Rs 297, or 0.66 per cent, to Rs 45,591 per kg in a business turnover of 10,821 lots on the Multi Commodity Exchange. Analysts said widening of positions by traders in sync with a firm trend overseas for precious metals mainly influenced silver prices here.
In the international market, silver traded 0.62 per cent higher at $17.36 an ounce in New York.
