Silver Futures Rise on Spot Demand - PTI
Silver prices surged on Monday, driven by increased demand and a rise in global markets. Learn more about the factors influencing silver prices.
Photograph: Amit Dave/Reuters
New Delhi, Dec 9 (PTI) Silver prices on Monday rose Rs 562 to Rs 93,010 per kilogram as participants increased their bets.
On the Multi Commodity Exchange, silver contracts for March delivery increased by Rs 562 or 0.61 per cent to Rs 93,010 per kg in a business turnover of 24,877 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 1.03 per cent higher at USD 31.28 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery increased by Rs 562 or 0.61 per cent to Rs 93,010 per kg in a business turnover of 24,877 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 1.03 per cent higher at USD 31.28 per ounce in New York.
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