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Commodities

Silver Prices Soar on MCX Amid Fresh Position Build-Up

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Silver
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Silver futures rose to Rs 2.40 lakh per kg on the Multi Commodity Exchange (MCX) for December delivery, driven by fresh position build-up.

The price increased by 0.19% from the previous day's close. This rise in silver prices was attributed to participants taking new positions in the market.

In contrast, overseas silver futures saw a slight decrease of 0.17%, closing at USD 66.46 per ounce.

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