Silver Prices Spike on MCX Amid Fresh Position Building
Silver futures have surged to Rs 2.46 lakh per kg on MCX, driven by fresh position building.
The price increase is a result of participants adding new positions in the market, which has led to a rise in silver prices.
On Monday, August 24, the white metal for September delivery increased by Rs 222, or 0.09%, to Rs 2,46,819 per kilogram in a business turnover of 3,748 lots on MCX.