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25/04/2011 00:00 AST
Extending its record-breaking rally, silver futures prices went up by Rs 854 to trade at yet another high of Rs 76,752 per kg largely on the back of a firming global trend.
Firming trend at the domestic spot market on the back of festive season demand also influenced silver prices at the futures trade here.
At the Multi Commodity Exchange, silver for delivery in December surged by Rs 854 to hit a fresh high of Rs 76,752 per kg with a trade volume of 235 lots. Similarly, the metal for delivery in July gained Rs 862 to Rs 74,560 per kg with a business turnover of 8,598 lots.
Market analysts said continued buying by speculators on the back of a rising global trend, where the precious metal zoomed to a fresh 31-year high, buoyed by weak dollar and increasing tension in the Middle East and North Africa, boosting the demand.
Meanwhile, silver climbed to $48.81 an ounce in the Asian region.
The Hindu Business Line
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Gold | 3,018.2 | -21.8 | -0.72 |
| Silver | 33.29 | -0.5 | -1.48 |
| Platinum | 979.5 | -6.5 | -0.66 |
| Palladium | 962.5 | 6.5 | 0.68 |
27/03/2025
Gold has been on an unstoppable rally in 2025, surging more than 16% since the start of the year and recently breaking past $3,000 per ounce-well ahead of previous forecasts. This milestone has left
Gulfnews
25/03/2025
Gold prices rose on Monday amid concerns about the imminent tariffs that US President Donald Trump plans to impose, in addition to anticipation of interest rate cuts by US Federal Reserve this year.
QNA
24/03/2025
Gold prices slipped at the opening of markets in Dubai on the first trading day of the week due to a stronger US dollar as investors await fresh catalysts.
At 9am UAE time, the 24K variant o
Khaleej Times
22/03/2025
Gold prices fell on Friday, but were poised for a third straight weekly gain, bolstered by safe-haven demand amidst geopolitical and economic uncertainties as well as anticipation of US Federal Reser
Reuters
21/03/2025
Gold touched an all-time high on Thursday as the US Federal Reserve signaled two possible interest rate cuts this year, adding to the bullion's appeal amid ongoing geopolitical and economic tensions.
Asharq Al Awsat
Financial Information Co.
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