Silver futures rise 0.43 per cent on global cues

New Delhi: Silver prices edged higher by 0.43 per cent to Rs 45,320 per kg in futures trade on June 27 after speculators enlarged positions on a firming trend overseas. At the Multi Commodity Exchange, silver for delivery in September was up by Rs 194, or 0.43 per cent, to Rs 45,320 per kg in a business turnover of 133 lots.

Similarly, the white metal for delivery in July traded higher by Rs 164, or 0.37 per cent, to Rs 44,800 per kg in 133 lots. Analysts attributed the rise in silver prices at futures trade to a firming trend in the precious metals overseas as investors assessed the outlook for US borrowing costs. Meanwhile, silver traded 0.40 per cent higher at USD 21.18 an ounce in Singapore, the highest since March 18.