Silver Futures Soar Rs 2,670 as Global Markets Rally

Silver futures surged by Rs 2,670 to Rs 2.19 lakh per kg on Tuesday on the Multi Commodity Exchange, tracking firm global trends amid optimism over industrial demand.

The increase of 1.23% came as investors weighed conflicting signals over possible talks between Washington and Tehran ahead of key US economic data releases.

New York Fed President John Williams said he remains hopeful that inflation will ease gradually, but stressed the central bank's readiness to raise interest rates if needed.