Silver futures climb on firm global cues

New Delhi, Apr 3 () Silver prices on Friday rose 3.17 per cent to Rs 41,135 per kg in futures trade as participants widened their bets amid a firm trend in precious metal overseas.

On the Multi Commodity Exchange, silver contracts for May delivery gained Rs 1,263, or 3.17 per cent, to Rs 41,135 per kg in 4,058 lots.

Similarly, silver contracts for July delivery climbed Rs 1,253 to Rs 41,333 per kg in 528 lots.

Traders said fresh bets by participants in line with a firm trend in global markets mainly led to rise in silver futures.

In the international market, silver was quoting 0.02 per cent higher at USD 14.67 an ounce in New York. SHW RUJRUJ