Silver prices jumped on Tuesday, March 17 supported by easing concerns over prolonged disruptions to oil shipments, as investors evaluated the economic fallout of the Middle East conflict ahead of a series of central bank policy decisions this week.
On MCX, silver rate rose 2% to ₹2,61,457 per kg while gold price advanced 0.8% to ₹1,56,996 per 10 grams.
In the international markets, Spot silver rose 0.6% to $81.28 per ounce, while, Spot gold firmed 0.4% to $5,023.19 per ounce as of 0251 GMT. U.S. gold futures for April delivery rose 0.5% to $5,027.20.
more to come….