December 8, 2023Press Trust Of India

Silver futures rise on spot demand

Silver prices on Friday rose Rs 228 to Rs 74,541 per kilogramme in futures trade as participants widened their bets on a firm spot demand

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On the Multi Commodity Exchange, silver contracts for March delivery increased Rs 228 or 0.31 per cent to Rs 74,541 per kg in 14,166 lots

Source: Silver

Analysts said the rise in silver prices was mainly due to fresh positions built up by participants on a positive domestic trend

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Globally, silver was trading 0.30 per cent higher at $24.13 per ounce in New York

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