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    Home»Precious Metal»Silver Futures Rise on Spot Demand
    Precious Metal

    Silver Futures Rise on Spot Demand

    October 16, 20241 Min Read


    Silver prices surged on Wednesday due to increased spot demand, with futures contracts on the Multi Commodity Exchange reaching Rs 92,173 per kg. Global silver prices also saw a rise.

    New Delhi, Oct 16 (PTI) Silver prices on Wednesday rose Rs 550 to Rs 92,173 per kilogram as participants widened their bets on a firm spot demand.

    On the Multi Commodity Exchange, silver contracts for December delivery increased by Rs 550 or 0.6 per cent to Rs 92,173 per kg in a business turnover of 26,829 lots.

    Globally, silver was trading 0.93 per cent higher at USD 31.79 per ounce in New York.

    DISCLAIMER – This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.



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