Silver futures rise to ₹2.62 lakh per kg

Silver prices rose 1.42 per cent to ₹2.62 lakh per kg in the futures trade on Friday amid West Asia crisis.

On the Multi Commodity Exchange, the white metal for July delivery increased by ₹3,660, or 1.42 per cent, to ₹2,62,200 per kilogram in a business turnover of 2,215 lots.

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

In the overseas market, Comex silver futures increased 2.72 per cent to $80.59 per ounce.

Source

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