Silver Futures Surge: Price Hits Rs 96,064/kg
Silver prices on the Multi Commodity Exchange (MCX) climbed by Rs 484 to Rs 96,064 per kilogram on Tuesday, driven by increased buying interest.
Photograph: Amit Dave/Reuters
New Delhi, Feb 18 (PTI) Silver prices on Tuesday increased by Rs 484 to Rs 96,064 per kilogram as participants increased their bets.
On the Multi Commodity Exchange, silver contracts for March delivery rose Rs 484 or 0.51 per cent to Rs 96,064 per kg in a business turnover of 19,455 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.32 per cent lower at USD 32.43 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery rose Rs 484 or 0.51 per cent to Rs 96,064 per kg in a business turnover of 19,455 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.32 per cent lower at USD 32.43 per ounce in New York.
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