COMMODITY
Silver futures surge on safe-haven demand
Jan-05-2026

Silver futures surged on MCX as speculators enlarged their positions on safe-haven demand following the US capture of Venezuelan leader Nicolas Maduro. Meanwhile, investors are also closely watching key US economic data this week, particularly the non-farm payrolls report on Friday, which could offer more clues on the path of US interest rates.

The contract for March delivery was trading at Rs 242909.00, up by 2.79% or Rs 6593.00 from its previous closing of Rs 236316.00. The open interest of the contract stood at 12953 lots.

The contract for May delivery was trading at Rs 249591.00, up by 2.64% or Rs 6424.00 from its previous closing of Rs 243167.00. The open interest of the contract stood at 3445 lots on MCX.

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