Silver Futures Rise on Spot Demand - PTI
Dec 01, 2023 14:39
Silver futures prices climbed on the Multi Commodity Exchange due to strong spot demand. Analysts attribute the rise to positive domestic trends. Learn more.
New Delhi, Dec 1 (PTI) Silver prices on Friday climbed Rs 36 to Rs 76,270 per kilogram in futures trade as participants widened their bets on a firm spot demand.
On the Multi Commodity Exchange, silver contracts for December delivery increased Rs 36 or 0.05 per cent to Rs 76,270 per kg in 284 lots.
Analysts said the rise in silver prices was mainly due to fresh positions built up by participants on a positive domestic trend.
Globally, silver was trading 0.04 per cent lower at USD 25.65 per ounce in New York.
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