Silver Futures Rise on Spot Demand - PTI
Mar 04, 2024 13:44
Silver prices on the Multi Commodity Exchange rose Rs 36 to Rs 72,314 per kg in futures trade driven by firm spot demand. Analysts attributed the rise to fresh positions built up by participants.
New Delhi, Mar 4 (PTI) Silver prices on Monday rose Rs 36 to Rs 72,314 per kilogram in futures trade as participants widened their bets on a firm spot demand.
On the Multi Commodity Exchange, silver contracts for May delivery increased Rs 36, or 0.05 per cent, to Rs 72,314 per kg in 21,802 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 0.06 per cent lower at USD 23.35 per ounce in New York.
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