Silver Futures Jump Rs 968 to Rs 114623 per KG

• Silver prices rose by Rs 968 to Rs 1,14,623 per kg in futures trade.
• The increase followed participants building fresh positions in the market.
• In New York, silver traded up 0.85% at USD 38.15 per ounce.

New Delhi, Aug 7 (PTI) Silver prices on Thursday increased Rs 968 to Rs 1,14,623 per kilogram in futures trade as participants increased their bets.

On the Multi Commodity Exchange, silver contracts for

September delivery appreciated Rs 968 or 0.85 per cent to Rs 1,14,623 per kg in a business turnover of 16,647 lots.

Fresh positions built up by participants led to a rise in silver prices, analysts said.

However, silver was trading 0.85 per cent higher at USD 38.15 per ounce in New York. PTI DR SHW