Silver futures climb to 2.79 lakh rupees per kilogram as fresh positions drive market momentum. On the Multi Commodity Exchange, July delivery contracts gained 751 rupees or 0.27 percent, reaching 2,79,062 per kg with 4,350 lots traded. Analysts attribute the rise to participants building new positions amid West Asia geopolitical tensions. However, the international market showed weakness with Comex silver futures declining 0.91 percent to 85.27 dollars per ounce. The divergence between domestic and overseas markets reflects regional risk premiums and varying investor sentiment across trading centers. Commodity traders remain cautious as global economic uncertainties continue to influence precious metal valuations.
