Silver price rises to ₹2.41 lakh per kg in futures trade
Fresh positions built by participants led to a rise in silver prices, say analysts
Silver prices climbed 1.25% to ₹2.41 lakh per kilogram in futures trade on Friday, driven by a strong global trend. On the Multi Commodity Exchange, the white metal for December delivery increased by ₹2,978, or 1.25%, to ₹2,41,183 per kilogram, with a business turnover of 3,082 lots. Fresh positions from market participants contributed to the price rise, according to analysts. Overseas, silver futures climbed 2.39% to $66.78 per ounce.
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