Silver moves up in futures trade on higher global trend

NEW DELHI, Jan 20: Silver prices moved up by 0.18 per cent to Rs 46,200 per kg in futures trading today as speculators enlarged their positions, supported by a higher global trend.
At the Multi Commodity Exchange, silver for delivery in May rose by Rs 83, or 0.18 per cent, to Rs 46,200 per kg in a business turnover of 40 lots.
Likewise, the white metal for delivery in March moved up by Rs 74, or 0.16 per cent, to Rs 45,210 per kg in 1,935 lots.
Analysts attributed the rise in silver futures to a firm global trend.
Meanwhile, silver climbed 0.3 per cent to USD 20.35 an ounce in Singapore. (AGENCIES)