India, Jan. 13 -- Silver futures surged to a new all-time high on Tuesday, supported by firm global cues as escalating geopolitical tensions in Iran and uncertainty over the policy outlook of the US Federal Reserve boosted safe-haven demand.
On the Multi Commodity Exchange (MCX), silver contracts for March delivery jumped Rs 3,232, or 1.2 per cent, to touch a record Rs 2,72,202 per kilogram.
The white metal has witnessed a sharp rally over the past two sessions, gaining Rs 19,477, or 7.7 per cent, from Rs 2,52,725 per kg recorded on Friday, reflecting strong investor interest amid global uncertainty.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....