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ET:Silver futures gain 0.24 pc on high demand
 
NEW DELHI: Silver prices gained 0.24 per cent to Rs 53,536 per kg in futures market today on pick-up in spot demand for the festive season amid a firm global trend.

At the Multi Commodity Exchange, silver for delivery in September moved up by Rs 127, or 0.24 per cent, to Rs 53,536 per kg in business turnover of 3,694 lots.

Similarly, the white metal for delivery in December gained Rs 103, or 0.19 per cent, to Rs 55,294 per kg in 210 lots.

Market analysts said apart from a firm global trend, pick- up in demand in the spot market supported by festive season mainly pushed up silver prices at futures market.

Meanwhile, silver gained 0.6 per cent to USD 28.20 an ounce in Singapore.
Source