Silver futures prices upgrade as bets rise

New Delhi, June 23: Silver prices rose by Rs 270 to Rs 1,06,494 per kg in futures trade on Monday as participants raised their bets.

The price of silver contracts for July delivery on the Multi Commodity Exchange rose by Rs 270, or 0.25 percent, to Rs 1,06,494 per kg in a business turnover of 12,571 lots.

Analysts said fresh deals by participants led to a rise in silver prices.

Globally, silver was trading 0.27 percent higher at $36.18 an ounce in New York.