MCX Silver Futures Soar to ₹2.45 Lakh/Kg Amid Global Rally
Silver futures on India's Multi Commodity Exchange (MCX) surged to ₹2.45 Lakh per kilogram on August 21, 2026, up 0.97% from the previous day.
This price jump mirrors international market trends, where silver prices rose 1.28% to trade at $68.95 per ounce on Friday.
The rally is primarily driven by developments in the United States, including a weaker US dollar and lower Treasury yields following the US Treasury Department's announcement of increased long-term debt buybacks.
This shift has made silver more attractive to international investors, contributing to its price growth.