MCX prices of silver September contract rose 0.43 per cent to Rs 45,320 per kg in futures trading today. The rupee recovered marginally by 4 paise to 60.10 against the US currency in early trade on Friday, SO Gold and silver is starting bullish.
At the Multi Commodity Exchange, silver for delivery in September was up Rs 194, or 0.43 per cent, to Rs 45,320 per kg.
Gold and silver prices in the international market is strong. Comex silver prices has gone beyond $21. At U.S. Exchange, Silver for September delivery was down 0.02% at $21.158 a troy ounce.
Khelo MCX Commodity Analysts said soaring prices of silver at futures trade to a firming trend in overseas precious metals as investors scale weigh the outlook for borrowing costs in the United States.
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