Silver futures rise on spot demand

BIZ-FUTURES-SILVER

12:43 PM, 19 Nov 2024   86 Words  

New Delhi, Nov 19 (PTI) Silver prices on Tuesday increased by Rs 479 to Rs 90,992 per kilogram as participants increased their bets.

On the Multi Commodity Exchange, silver contracts for December delivery rose by Rs 479 or 0.53 per cent to Rs 90,992 per kg in a business turnover of 20,193 lots.

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

Globally, silver was trading 0.53 per cent higher at USD 31.33 per ounce in New York.