COMMODITY
Silver futures surge as geopolitical tensions ease
Apr-08-2026
Silver futures surged on MCX as geopolitical tensions eased after US President Donald Trump delayed his planned strikes on Iranian civilian infrastructure by two weeks to finalize talks on a potential resolution to the war, while weaker dollar also supported silver prices’ up-move. Looking ahead, the release of US March CPI data on Friday is expected to provide further insight into price pressures potentially linked to the ongoing conflict.

The contract for May delivery was trading at Rs 246070.00, up by 6.36% or Rs 14722.00 from its previous closing of Rs 231348.00. The open interest of the contract stood at 5711 lots.

The contract for July delivery was trading at Rs 250953.00, up by 6.23% or Rs 14711.00 from its previous closing of Rs 236242.00. The open interest of the contract stood at 1251 lots on MCX.

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