NEW DELHI: Silver futures rose 1.15 per cent in early trade on the Multi Commodity Exchange (MCX) on increased demand by traders and speculators influenced by a firming global trend.
At 1150 hrs on the MCX, silver for the most-active September-month contract rose 1.15 per cent to Rs 24,475 per kg, with an open interest for 1,084 lots.
Similarly, the metal for delivery in July moved up by 1.09 per cent to Rs 24,458 per kg, clocking 1,504 lots.
Increased demand from traders and speculators in line with a firming global trend mainly led to the rise in silver prices, traders said.
