Silver Futures Surge to Rs 2.38 Lakh per Kg Amid Global Trend

Silver futures prices have surged to Rs 2.38 lakh per kg in the futures trade, marking a 0.79% increase. This trend is attributed to a firm global market sentiment.

The white metal for December delivery saw an increase of Rs 1,862 with a business turnover of 2,445 lots. Analysts point out that fresh positions built up by participants led to this rise in silver prices.

In the overseas market, silver futures also increased by 1.04% to $65.99 per ounce.