<p>New Delhi: Silver prices on Monday touched an all-time high of Rs 1,14,875 per kilogram in futures trade in line with firm global trends.</p>.<p>On the Multi Commodity Exchange (MCX), the metal contracts for September delivery hit a record high of Rs 1,14,875 per kilogram in early trade.</p>.<p>Later, it pared the gains to trade Rs 1,520, or 1.35 per cent, higher at Rs 1,14,521 per kilogram with an open interest of 22,695 lots.</p>.Gold climbs Rs 700 to Rs 99,370/10 g; silver rallies Rs 1,500/kg.<p>Subsequently, the silver metal futures for December delivery rallied Rs 1,888, or 1.64 per cent, to hit a lifetime high of Rs 1,16,566 per kg on the MCX.</p>.<p>Globally, silver was trading 1.68 per cent higher at USD 39.05 per ounce in New York.</p>.<p>"Silver extended its bullish run surging to fresh year-to-date highs as renewed tariff tensions, a weakening US dollar, and mounting geopolitical uncertainty fuelled robust demand for its dual safe-haven and industrial appeal," Riya Singh, Research Analyst of Commodities and Currency at Emkay Global Financial Services, said.</p>.<p>Market participants will closely monitor this week's macroeconomic data, including the US Consumer Price Index (CPI), and Producer Price Index (PPI) which in turn steer bullion trajectory, Singh added. </p>
<p>New Delhi: Silver prices on Monday touched an all-time high of Rs 1,14,875 per kilogram in futures trade in line with firm global trends.</p>.<p>On the Multi Commodity Exchange (MCX), the metal contracts for September delivery hit a record high of Rs 1,14,875 per kilogram in early trade.</p>.<p>Later, it pared the gains to trade Rs 1,520, or 1.35 per cent, higher at Rs 1,14,521 per kilogram with an open interest of 22,695 lots.</p>.Gold climbs Rs 700 to Rs 99,370/10 g; silver rallies Rs 1,500/kg.<p>Subsequently, the silver metal futures for December delivery rallied Rs 1,888, or 1.64 per cent, to hit a lifetime high of Rs 1,16,566 per kg on the MCX.</p>.<p>Globally, silver was trading 1.68 per cent higher at USD 39.05 per ounce in New York.</p>.<p>"Silver extended its bullish run surging to fresh year-to-date highs as renewed tariff tensions, a weakening US dollar, and mounting geopolitical uncertainty fuelled robust demand for its dual safe-haven and industrial appeal," Riya Singh, Research Analyst of Commodities and Currency at Emkay Global Financial Services, said.</p>.<p>Market participants will closely monitor this week's macroeconomic data, including the US Consumer Price Index (CPI), and Producer Price Index (PPI) which in turn steer bullion trajectory, Singh added. </p>