Silver Prices Surge on Spot Demand - PTI

By By Rediff Money Desk, New Delhi
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
Read More On:
multi commodity exchangesilver futuressilver pricessilver demandcommodities trading
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.

MORE NEWS

FSSAI...
FSSAI Reclassifies Packaged Water as High-Risk,...

The FSSAI has reclassified packaged drinking water as a high-risk food category,...

Sebi Bans 'Baap...
Sebi Bans 'Baap of Chart' & 6 Others for...

Sebi has banned 'Baap of Chart' and six others for one year for providing unregistered...

RBI Urges Banks...
RBI Urges Banks to Reduce Inoperative Accounts

The RBI has directed banks to reduce inoperative accounts urgently, citing concerns...

Mphasis F1 Foundation, Nudge Institute Offer Rs...

Mphasis F1 Foundation and The/Nudge Institute announce a competition with a prize purse...

APFD, APFDC & ISB...
APFD, APFDC & ISB Partner to Revitalize Forest...

Andhra Pradesh government and ISB collaborate to empower women and revitalize forest...

Torrent Power Opens QIP at Rs 1,555.75

Torrent Power has opened a qualified institutional placement (QIP) of shares at a floor...

Home First Finance Stake Sold for Rs 1,728 Crore

Promoters of Home First Finance and Warburg Pincus affiliate divest 19.6% stake in the...

Kerala Attracts Rs 44,000 Crore Investment:...

Kerala has attracted Rs 44,000 crore investment from domestic entrepreneurs in the last...

Hindustan Coca-Cola Beverages Opens New...

Telangana Chief Minister A Revanth Reddy inaugurated Hindustan Coca-Cola Beverages' new...

RBI to Hold Rates, Analysts Cut Growth Estimates

Analysts expect the Reserve Bank of India to keep rates unchanged on Friday, but cut...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com