Silver Prices Surge on MCX, Driven by Fresh Positions and Firm Global Trend
Silver futures on the Multi Commodity Exchange (MCX) surged to Rs 2.18 lakh per kg for September delivery, marking a 0.53% increase from the previous day's price.
The rise in silver prices was driven by fresh positions built up by participants and a firm global trend.
Comex silver futures also rose, increasing by 0.96% to USD 58.15 per ounce in the overseas market.