Taking positive cues from the global markets, silver traded higher by 0.62 per cent to Rs 41,180 per kg in futures market today as speculators enlarged their positions. At the Multi Commodity Exchange, silver for delivery in December rose by Rs 255, or 0.62 per cent, to Rs 41,180 per kg in business turnover of 365 lots. Likewise, the white metal for delivery in September gained Rs 181, or 0.45 per cent, to Rs 40,335 per kg in 8,624 lots.
Nickel prices moved up by 3,60, or 0.35 per cent to Rs 830.90 per kg in futures market on Thursday as speculators enlarged positions, tracking a firming trend in spot market on good demand from alloy-makers but weak overseas cues, limtied the gains. At the Multi Commodity Exchange, nickel for delivery in August gained Rs 3.60, or 0.35 per cent, to Rs 830.90 per kg in business turnover of 130 lots. In a similar fashion, the metal for delivery in September rose marginally by 70 paise, or 0.07 per cent, to Rs 840.50 per kg in 3 lots. In the international market, nckel dropped 0.6 per cent to $ 13,893 a tonne at the London Metal Exchange.
