Silver Futures Rise on Spot Demand - PTI

By By Rediff Money Desk, New Delhi
Oct 16, 2024 13:10
Silver prices surged on Wednesday due to increased spot demand, with futures contracts on the Multi Commodity Exchange reaching Rs 92,173 per kg. Global silver prices also saw a rise.
New Delhi, Oct 16 (PTI) Silver prices on Wednesday rose Rs 550 to Rs 92,173 per kilogram as participants widened their bets on a firm spot demand.

On the Multi Commodity Exchange, silver contracts for December delivery increased by Rs 550 or 0.6 per cent to Rs 92,173 per kg in a business turnover of 26,829 lots.

Globally, silver was trading 0.93 per cent higher at USD 31.79 per ounce in New York.
Source: PTI
Read More On:
multi commodity exchangespot demandsilver futuressilver pricescommodity trading
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Farm-to-Fork Price Gap: Govt to Set Up Committee

India's Agriculture Minister announces committee to address the vast price difference...

Rabi Crop Output Target: India Aims for Record...

India aims for record foodgrain production in the 2024-25 rabi season despite...

HDFC Bank to Sell Shares in HDB Financial...

HDFC Bank approves the sale of Rs 12,500 crore worth of shares in its subsidiary HDB...

Dalmia Bharat Q2 Profit Down 60.2% to Rs 49 cr

Dalmia Bharat's net profit declined by 60.16% to Rs 49 crore in Q2 FY25 due to falling...

Punjab & Sind Bank Q2 Profit Surges 26% to Rs...

Punjab & Sind Bank's net profit jumped 26% to Rs 240 crore in Q2 FY25, driven by a...

uBreathe Raises Rs 24 Cr for Air Purifier Growth

Biotech startup uBreathe aims to raise Rs 24 crore to expand its air purifier product...

Vedanta to Invest Rs 1 Lakh Cr in Rajasthan:...

Vedanta plans to invest over Rs 1 lakh crore in Rajasthan across zinc, oil & gas, and...

UCO Bank to Raise Rs 2,000 Cr via QIP in Q3 |...

UCO Bank plans to raise Rs 2,000 crore through a qualified institutional placement...

UCO Bank Profit Jumps 50% to Rs 603 Cr in Q2

UCO Bank reported a 50% surge in net profit to Rs 603 crore in Q2 FY25, driven by...

UCO Bank Q2 Net Profit Jumps 50% to Rs 603 Crore

UCO Bank's net profit surged by 50% to Rs 603 crore in the second quarter, driven by...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com