- Silver prices hit a record Rs 3,01,315 per kg in MCX futures trade on Monday
- Silver futures for March delivery rose by Rs 13,553 or 4.71 percent on strong demand
- International March silver futures jumped by USD 5.81 to USD 94.35 per ounce
Silver prices surged on Monday to breach the record Rs 3 lakh-per-kg mark in futures trade for the first time, riding on strong investor demand and positive global trends.
On the Multi Commodity Exchange (MCX), silver futures for March delivery skyrocketed by Rs 13,553, or 4.71 per cent, to hit a record of Rs 3,01,315 per kilogram.
In the international market, the March silver futures contract jumped by USD 5.81, or 6.56 per cent, to hit a record of USD 94.35 per ounce.
Analysts said that upbeat industrial demand and a weak US dollar lent further support to the white metal, which has been outperforming gold in recent sessions.
Also Read: Gold, Silver Price Today, Jan 19 — Check Prices In Mumbai, Delhi, Chennai, And Other Cities
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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