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“Silver Futures Surge by Rs 371 to Rs 85,788/kg Amid Robust Demand and Global Trends”

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“Silver Futures Surge by Rs 371 to Rs 85,788/kg Amid Robust Demand and Global Trends”

The price of silver climbed by Rs 371 to reach Rs 85,788 per kilogram in futures trade on Wednesday, as traders increased their bets due to strong spot…

The price of silver climbed by Rs 371 to reach Rs 85,788 per kilogram in futures trade on Wednesday, as traders increased their bets due to strong spot demand. On the Multi Commodity Exchange, silver contracts for July delivery rose by Rs 371 or 0.43 percent to Rs 85,788 per kg in 27,880 lots. Analysts attributed the increase in silver prices to the establishment of new positions by traders, driven by a positive domestic trend. Globally, silver was trading 1.61 percent higher at USD 29.17 per ounce in New York.

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