Silver Prices Soar on Fresh Bets, Global Trend
Silver futures traded on the MCX exchange have seen a rise of 0.53% to Rs 2.45 lakh per kg, driven by fresh bets in the market.
The price increase is in line with a firm global trend, where silver futures also rose 0.73% to $69.16 per ounce.
Analysts point to fresh positions being built up by participants as the main reason for the price increase.