Silver Prices Surge on Spot Demand - PTI

Nov 13, 2024 14:10

Silver prices jumped by Rs 633 to Rs 89,960 per kilogram on the Multi Commodity Exchange, driven by increased participant bets and fresh positions. Global silver also traded higher.

New Delhi, Nov 13 (PTI) Silver prices on Wednesday jumped by Rs 633 to Rs 89,960 per kilogram as participants increased their bets.

On the Multi Commodity Exchange, silver contracts for December delivery hiked by Rs 633 or 0.71 per cent to Rs 89,960 per kg in a business turnover of 22,423 lots.

Fresh positions built up by participants led to a rise in silver prices, analysts said.

Globally, silver was trading 0.58 per cent higher at USD 33.89 per ounce in New York.

Source: PTI

MORE NEWS

India & IEA Partner for Critical Mineral...

India's mines ministry signs a pact with the IEA for collaboration in critical...

India's Renewable Energy Capacity Crosses 200...

India's renewable energy capacity has crossed 200 GW, accounting for 46% of the total...

Kovai.co Acquires Floik: Aims 35% Revenue Growth

Kovai.co acquires Bengaluru-based Floik to enhance its AI-powered knowledge management...

Nalco Q2 Profit Surges to Rs 1,046 Crore |...

Nalco's consolidated profit for Q2 FY25 jumped to Rs 1,046 crore, driven by increased...

Goodluck India PAT Jumps 30% to Rs 45 cr in Q2

Goodluck India's profit after tax (PAT) surged by 30% to Rs 45.06 crore in the...

RBI Report: Municipal Revenue Boost Needed

An RBI report emphasizes the need for municipal corporations in India to enhance...

Gold Price Drops, Silver Rises: Latest Market...

Gold prices fell in India on Wednesday, while silver prices rebounded. Global trends...

Indian Stock Market Crash: Investors Lose Rs 13...

Indian stock market witnessed a significant crash over two days, eroding Rs 13 lakh...

NTPC Green Energy to Invest Rs 1 Lakh Cr in...

NTPC Green Energy aims to invest Rs 1 lakh crore in solar and wind assets by FY27, with...

Gold ETFs See Record Inflow of Rs 1,961 Cr in...

Gold exchange-traded funds (ETFs) witnessed a record inflow of Rs 1,961 crore in...

Silver Prices Surge on Spot Demand - PTI

You May Like To Read

MORE NEWS