MCX Silver Futures Soar 0.19% Amid Fresh Position Build-Up
Silver prices surged in Tuesday's trade on the Multi Commodity Exchange (MCX), driven by fresh position build-up.
The price of silver futures for December delivery increased by Rs 456, or 0.19%, to Rs 2,40,577 per kilogram, a business turnover of 2,655 lots.
Analysts say that the rise in silver prices was due to fresh positions built up by participants.