Silver Futures Surge on Spot Demand - PTI
Silver prices rose on the Multi Commodity Exchange on Friday due to increased demand and fresh positions built up by participants. Global silver prices also rose.
New Delhi, Nov 22 (PTI) Silver prices on Friday rose Rs 377 to Rs 90,302 per kilogram as participants increased their bets.
On the Multi Commodity Exchange, silver contracts for December delivery increased by Rs 377 or 0.42 per cent to Rs 90,302 per kg in a business turnover of 18,654 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.84 per cent higher at USD 31.04 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for December delivery increased by Rs 377 or 0.42 per cent to Rs 90,302 per kg in a business turnover of 18,654 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.84 per cent higher at USD 31.04 per ounce in New York.
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