Silver futures on India’s Multi Commodity Exchange (MCX) rose 0.53% to ₹2.31 lakh per kilogram on Thursday, driven by sustained global momentum and heightened trading activity.
The September contract added ₹1,219 to its previous close, reflecting renewed investor interest in the precious metal.
The move comes as precious metals continue to stabilize following a period of sharp volatility.
Gold futures had recently recovered marginally, rising ₹405 to ₹1.41 lakh per 10 grams as traders engaged in value buying after a significant selloff.
The broader precious metals complex has been navigating headwinds from a strong US dollar, though safe-haven demand and industrial outlooks for silver have provided underlying support.
Market participants are closely watching global macroeconomic indicators and geopolitical developments for further direction.