NEW DELHI: (Dec 17) Silver prices surged to a new lifetime high of Rs 2,05,934 per kilogram in the futures trade on Wednesday, supported by a rally in the white metal globally amid signs of tightening supplies and expectations of rate cuts by the Federal Reserve next year.
On the Multi Commodity Exchange (MCX), silver futures for March contract zoomed by Rs 8,179, or 4.14 per cent, to touch a lifetime high of Rs 2,05,934 per kilogram. The metal had closed at Rs 1,97,755 per kg on Tuesday.
Similarly, the May 2026 contract jumped by Rs 8,148, or 4.06 per cent, to hit a record of Rs 2,08,796 per kg.
Source: PTI News
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