Silver Futures Rise 1.09% Amid Global Trend
Silver futures saw a notable rise on Monday due to higher bets from investors. The white metal gained 1.09% in value, reaching Rs 2.33 lakh per kg in the futures trade. This increase is attributed to a firm global trend, which influenced the prices of silver. According to analysts, fresh positions built up by participants contributed to this rise.
The September delivery of silver saw an increase of Rs 2,514, with a business turnover of 1,496 lots. This surge in value reflects the growing interest in silver among investors and traders.