MCX Silver Prices Jump 0.55% to Rs 2.26 Lakh Per Kg on Fresh Positions

Silver prices on the Multi Commodity Exchange (MCX) surged 0.55% to Rs 2.26 lakh per kg, driven by fresh positions taken by participants.

The December delivery contracts for silver saw a gain of Rs 1,250, resulting in a price of Rs 2,26,700 per kilogram in a business turnover of 1,034 lots.

This increase was despite a decline in overseas markets, where silver futures fell 0.66% to USD 61.07 per ounce.