Silver prices saw an uptick in futures trade on Wednesday, rising by ₹178 to ₹99,639 per kilogram, as market participants increased their bets.

On the Multi Commodity Exchange (MCX), silver contracts for May delivery gained 0.18%, reaching ₹99,639 per kg with a business turnover of 19,309 lots.

Analysts attributed the price increase to fresh positions built up by traders, reflecting positive market sentiment and increased demand in the precious metals segment.

The movement in silver prices is closely watched by investors, with global trends and economic indicators influencing future trading patterns.

Silver Futures Rise by ₹178 to ₹99,639/kg on Increased Buying

Silver prices saw an uptick in futures trade on Wednesday, rising by ₹178 to ₹99,639 per kilogram, as market participants increased their bets.

On the Multi Commodity Exchange (MCX), silver contracts for May delivery gained 0.18%, reaching ₹99,639 per kg with a business turnover of 19,309 lots.

Analysts attributed the price increase to fresh positions built up by traders, reflecting positive market sentiment and increased demand in the precious metals segment.

The movement in silver prices is closely watched by investors, with global trends and economic indicators influencing future trading patterns.