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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 42,227 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 176, or 0.42 per cent, to Rs 42,227 per kg in 3,424 lots.

Similarly, the white metal for July delivery was trading higher by Rs 106, or 0.25 per cent, at Rs 42,825 per kg in 2,711 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.