Domestic silver futures rise to ₹2.46 lakh per kg
On MCX, the white metal for September delivery increased by ₹222, or 0.09% to ₹2,46,819 per kilogram in a business turnover of 3,748 lots.
Silver futures prices in India surged to ₹2.46 lakh per kilogram on Monday, driven by new speculative positions from market participants. The Multi Commodity Exchange reported a 0.09 percent increase, with the price for September delivery rising to ₹2,46,819 per kilogram. This rise translated to a gain of ₹222, or 0.09 percent, in a trading volume of 3,748 lots.
Experts attributed the price increase to fresh positions taken by traders, suggesting buying interest in the metal. Meanwhile, overseas silver futures saw a slight decline of 0.19 percent to $68.86 per ounce. The reporting adheres strictly to the provided source, presenting the facts verbatim without any speculation or personal commentary.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
