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Silver futures trade higher on rising demand

26-Apr-2024 15:32 Hrs IST

Silver futures traded higher on MCX on account of rising spot demand. The rise in silver prices was mainly due to fresh positions built up by participants on a positive domestic trend. The contract for May delivery was trading at 81204.00, up by 0.64% or Rs 520.00 from its previous closing of Rs. 80684.00. The open interest of the contract stood at 12000 lots.The contract for July delivery was trading at 82938.00, up by 0.63% or Rs 521.00 from its previous closing of Rs 82417.00. The open interest of the contract stood at 17491 lots on MCX.

Dhaniya futures exhibit bullish trend on NCDEX

26-Apr-2024 12:48 Hrs IST

Dhaniya futures exhibited bullish trend on NCDEX, as speculators enlarged their positions due to active buying from export market amid tight supplies. Further, lower output estimates also fuelled the uptrend.The contract for May delivery was trading at Rs 7540.00, up by 0.11% or Rs 8.00 from its previous closing of Rs 7532.00. The open interest of the contract stood at 22575 lots.The contract for June delivery was trading at Rs 7626.00, up by 0.13% or Rs 10.00 from its previous closing of Rs 7616.00. The open interest of the contract stood at 5190 lots on NCDEX.

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