Silver prices jumped by Rs 633 to Rs 89,960 per kilogram on the Multi Commodity Exchange, driven by increased participant bets and fresh positions. Global silver also traded higher.
New Delhi, Nov 13 (PTI) Silver prices on Wednesday jumped by Rs 633 to Rs 89,960 per kilogram as participants increased their bets.
On the Multi Commodity Exchange, silver contracts for December delivery hiked by Rs 633 or 0.71 per cent to Rs 89,960 per kg in a business turnover of 22,423 lots.
Fresh positions built up by participants led to a rise in silver prices, analysts said.
Globally, silver was trading 0.58 per cent higher at USD 33.89 per ounce in New York.
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