Silver Futures Surge 0.35% in Indian Market Amid Global Firming
Silver prices rose in India's futures market on Tuesday amid a firm global trend. The price of silver for September delivery increased by 0.35% to Rs 2,37,700 per kilogram on the Multi Commodity Exchange. This rise was due to fresh positions built up by participants, according to analysts.
The price increase in India's futures market contrasts with a decline of 0.45% in silver prices overseas. In the global market, silver futures decreased to USD 61.44 per ounce.