Silver Hits Record High: Rs 1,16,729/kg Futures
Aug 26, 2025 13:56
Silver futures reach all-time high of Rs 1,16,729 per kg on MCX amid global trade tensions and US Federal Reserve expectations.
New Delhi, Aug 26 (PTI) Silver prices on Tuesday rallied Rs 779 to hit an all-time high of Rs 1,16,729 per kg in futures trade in line with firm global trends.
On the Multi Commodity Exchange, the white metal for September delivery jumped by Rs 779 or 0.67 per cent to hit a record high of Rs 1,16,729 per kg in the morning trade.
Later, it pared some of its gains to trade at Rs 1,16,244 per kg, up by Rs 294, or 0.25 per cent, with an open interest of 12,587 lots.
According to commodity market experts, silver prices hit a lifetime high in the futures market as traders ramped up safe-haven buying amid mounting global trade tensions and rising expectations of an interest rate cut by the US Federal Reserve at its September policy meeting.
In the international markets, Comex silver futures traded flat at USD 39.21 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.
You May Like To Read
MORE NEWS
Unilever: India Growth & GST Impact
Unilever sees huge opportunities in India due to high GDP growth and GST cuts. HUL...
Trai Recommends 6 GHz, E, V Band Allocation
Trai suggests administrative allocation of 6 GHz, E, and V bands for telecom backhaul....
TotalEnergies Sells Stake in Adani Green Energy
TotalEnergies sells 1.74% stake in Adani Green Energy for Rs 2,778 cr. Stake reduced to...
TCS Acquires Coastal Cloud for $700 Million
TCS acquires Coastal Cloud for USD 700 million, strengthening its Salesforce and AI...
JSW Paints Acquires AkzoNobel India Stake
JSW Paints completes acquisition of majority stake in AkzoNobel India, becoming the...
Park Medi World IPO Subscribed 52% on Day 1
Park Medi World''s IPO received 52% subscription on day 1. The Rs 920-crore IPO closes...
Dasnac Invests Rs 2,000 Cr in Noida Luxury Housing
Dasnac to invest Rs 2,000 crore in a luxury housing project, Dasnac Westminster, in...
Nephrocare IPO Subscribed 12% on Day 1
Nephrocare Health Services IPO received 12% subscription on day 1. IPO details, price...
Wakefit IPO Subscribed Over 2 Times
Wakefit''s Rs 1,289-cr IPO was subscribed over 2 times on the final day. Details on...
IAN Group to Deploy USD 100M Alpha Fund by 2027
IAN Group to deploy its USD 100 million IAN Alpha Fund in early-stage startups by 2027....
Read More »