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Silver Futures Rise to ₹2.29 Lakh Per Kg

Fresh positions built up by participants led to a rise in silver prices, analysts said

Silver Plunges ₹11,250 Per Kg, Gold Drops ₹1,900 in Delhi

Silver prices rose 0.88% to ₹2,29,951 per kg in the futures trade on Monday amid global uncertainties.

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On the Multi Commodity Exchange, the white metal for May delivery increased ₹1,997, or 0.88%, to ₹2,29,951 per kilogram in a business turnover of 1,327 lots.

Fresh positions built up by participants led to a rise in silver prices, analysts said.

In the overseas market, Comex silver futures increased $0.92 or 1.32%, to $70.68 per ounce.