Silver futures jump Rs 1,445 to Rs 98,405/kg on spot demand

New Delhi, Oct 24 (PTI) Silver prices on Thursday jumped Rs 1,445 to Rs 98,405 per kilogram as participants reduced their bets.

On the Multi Commodity Exchange, silver contracts for December delivery hiked by Rs 1,445 or 1.49 per cent to Rs 98,405 per kg in a business turnover of 24,723 lots.

Globally, silver was trading 0.61 per cent higher at USD 33.90 per ounce in New York.