India, March 25 -- Silver prices witnessed a sharp rebound on Wednesday, surging by Rs 12,861 to Rs 2.36 lakh per kg in futures trade, supported by a weaker US dollar and easing inflation concerns.
On the Multi Commodity Exchange (MCX), May contracts jumped nearly 6% to Rs 2,36,802 per kg, snapping a 10-day losing streak.
The rally in silver was driven by strong bullish sentiment in global precious metals markets and improved investor demand, analysts said.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....