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NEW DELHI: Silver prices rose by Rs 593 to Rs 66,196 per kg in futures trade on Monday as participants widened their bets on a firm spot demand.
On the Multi Commodity Exchange, silver contracts for May delivery gained Rs 593, or 0.9 per cent, to Rs 66,196 per kg in 12,170 lots.
Analysts said the rise in silver prices was mostly due to fresh positions built by participants on a positive domestic trend.
Globally, silver was trading 0.76 per cent higher at USD 25.48 per ounce in New York.
This article was originally published by Indiatimes.com. Read the original article here.