Silver Futures Rise on Fresh Positions Despite Overseas Decline

Silver prices in India went up a little in futures trading.

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

The September silver contract rose 0.09%.

Its price reached Rs 2.46 lakh per kilogram.

The price increased by Rs 222.

Traders bought or created new positions, helping push the price higher.

Analysts said this fresh activity supported silver.

However, silver futures in overseas markets fell 0.19% to $68.86 per ounce.