Silver Futures Surge on Spot Demand - PTI
Mar 01, 2024 13:44
Silver futures prices rose in India on Friday due to strong spot demand. Read more about the silver market and global trends.
New Delhi, Mar 1 (PTI) Silver prices on Friday rose Rs 27 to Rs 69,692 per kilogram in futures trade as participants widened their bets on a firm spot demand.
On the Multi Commodity Exchange, silver contracts for March delivery increased Rs 27, or 0.04 per cent, to Rs 69,692 per kg in 480 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 0.24 per cent lower at USD 22.83 per ounce in New York.
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.