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anglo pacific group plc

Silver futures rise on spot demand

Silver prices on Monday rose 0.42 per cent to Rs 41,410 per kg in futures trade as participants widened their bets on firm spot demand.

On the Multi Commodity Exchange, silver contracts for May delivery gained Rs 173, or 0.42 per cent, to Rs 41,410 per kg in 460 lots.

Similarly, the white metal for July delivery was trading higher by Rs 108, or 0.26 per cent, at Rs 41,705 per kg in 5,294 lots.

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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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.