Silver Futures Surge: Prices Jump to Rs 90,140/kg
Silver futures prices rose sharply on Friday, reaching Rs 90,140 per kg on the Multi Commodity Exchange, driven by increased investor interest and bullish sentiment.
New Delhi, Dec 27 (PTI) Silver prices on Friday jumped Rs 504 to Rs 90,140 per kilogram as participants increased their bets.
On the Multi Commodity Exchange, silver contracts for March delivery increased Rs 504 or 0.56 per cent to Rs 90,140 per kg in a business turnover of 31,812 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.05 per cent higher at USD 29.82 per ounce in New York.
On the Multi Commodity Exchange, silver contracts for March delivery increased Rs 504 or 0.56 per cent to Rs 90,140 per kg in a business turnover of 31,812 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.05 per cent higher at USD 29.82 per ounce in New York.
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