Silver rise in futures trade amid strong demand

Silver futures on Wednesday traded higher by Rs 28 at Rs 43,535 per kg as speculators raised their bets.

Silver contracts for March delivery rose by Rs 28, or 0.06 per cent, to Rs 43,535 per kg in a business turnover of 14,590 lots on the Multi Commodity Exchange.

In the international market, silver traded 0.16 per cent lower at $16.68 an ounce in New York.

Anglo Pacific Group plc (LON:APF) has a 2.5% life of mine NSR royalty on the El Valle-Boinàs/Carlés gold, copper and silver mine owned by TSX-listed Orvana Minerals Corp.

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