Don't want to miss the best from Business Standard?
Silver prices spurted by Rs 191 to Rs 36,969 per kg in futures trade today as the metal gained in global markets amid geopolitical tensions.
In futures trade at the Multi Commodity Exchange, silver for delivery in September surged Rs 191, or 0.52 per cent, to Rs 36,969 per kg in a business turnover of 390 lots.
The metal for delivery in December, too, was trading higher by Rs 169, or 0.45 per cent, to Rs 37,790 per kg in 6 lots.
Market analysts said participants built up positions amid a firm global trend as hopes of easing trade tensions between the US and China exerted pressure on the dollar, adding to demand for precious metals.
Meanwhile, silver surged 0.2 per cent to USD 14.78 an ounce in Singapore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
