Silver Jumps Rs 2,168 to Rs 2.58 Lakh/kg in Futures Trade Amid Geopolitical Tensions
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News18•17-03-2026, 15:00
Silver Jumps Rs 2,168 to Rs 2.58 Lakh/kg in Futures Trade Amid Geopolitical Tensions
•Silver price climbed Rs 2,168 to Rs 2.58 lakh per kilogram in futures trade on Tuesday, snapping a four-day losing streak.
•The rebound is driven by renewed safe-haven buying amid intensifying geopolitical tensions in West Asia and concerns over global energy supplies.
•On the Multi Commodity Exchange, May delivery appreciated by nearly 1 percent to Rs 2,58,700 per kg.
•In the overseas market, silver futures for May delivery on the Comex in New York increased 0.68 percent to USD 81.23 per ounce.
•Analysts also noted a projected 67 million-ounce supply deficit for 2026 and strong industrial demand from the electronics sector supporting silver's gains.
