Silver Futures Surge on Spot Demand - PTI
By Rediff Money Desk, New Delhi Dec 12, 2024 13:51
Silver prices rose on Thursday due to increased demand, reaching Rs 96,209 per kilogram on the Multi Commodity Exchange. Global silver prices also saw an uptick.
New Delhi, Dec 12 (PTI) Silver prices on Thursday rose Rs 407 to Rs 96,209 per kilogram as participants increased their bets.
On the Multi Commodity Exchange, silver contracts for March delivery increased by Rs 407 or 0.42 per cent to Rs 96,209 per kg in a business turnover of 23,720 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.79 per cent higher at USD 32.15 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery increased by Rs 407 or 0.42 per cent to Rs 96,209 per kg in a business turnover of 23,720 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.79 per cent higher at USD 32.15 per ounce in New York.
Source: PTI
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