Silver Futures Rise as Fresh Buying Bets Lift Prices

Silver prices went up in futures trading.

Futures are agreements to buy or sell something later at a set price.

The September silver contract increased by Rs 1,284.

Its price reached Rs 2.45 lakh per kilogram.

Trading covered 1,093 lots.

Analysts said new positions taken by market participants helped push prices higher.

Silver prices also rose in overseas markets.

There, futures increased 0.73% to $69.16 per ounce.