Strong Dollar, US-Iran Tensions Weigh on Silver Futures
Silver futures fell nearly 1% on Wednesday to Rs 2.33 lakh per kilogram due to a strong dollar and escalating US-Iran tensions, which dampened investors' appetite for the precious metal.
The white metal for December delivery declined for the fourth straight session, falling Rs 1,841 or approximately 1%, to Rs 2,33,600 per kg on the Multi Commodity Exchange (MCX).