Silver futures gain 0.20 pc on global cues

New Delhi, Mar 27 () Silver prices on Friday rose 0.20 per cent to Rs 41,403 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 81, or 0.20 per cent, to Rs 41,403 per kg in 2,487 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 0.37 per cent higher at USD 14.73 an ounce in New York. VHP SHWSHW