Silver futures rise to ₹2.4 lakh per kg
Build-up of fresh positions by participants led to rise in silver prices, analysts said
Silver futures prices surged to ₹2.40 lakh per kilogram on Tuesday, according to the futures trade. The Multi Commodity Exchange reported an increase of ₹456, or 0.19 per cent, to ₹2,40,577 per kilogram for December delivery. This rise was attributed to fresh positions built up by participants, according to analysts. Meanwhile, silver futures in the overseas market saw a slight decline of 0.17 per cent, dropping to $66.46 per ounce.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
