India, Dec. 11 -- Silver futures continued their record-setting rally for a third straight session on Thursday, climbing to a new all-time high of Rs 1,93,720 per kilogram on the Multi Commodity Exchange (MCX). The surge was driven by strong global cues, including the US Federal Reserve's recent rate cut and a weakening dollar.
On the MCX, silver futures jumped Rs 4,985, or 2.64%, to reach the fresh peak. Prices have been rising sharply throughout the week, gaining Rs 11,978 (6.6%) from Monday's level of Rs 1,81,742 per kg.
Silver has delivered extraordinary returns this year, soaring by Rs 1,06,487, or 122.07%, from Rs 87,233 per kg on December 31, 2024.
Published by HT Digital Content Services with permission from Dion Global Solutions...