Silver futures climbed 0.82% in today’s trading, rising to Rs 2,53,800 per kilogram. Traders attributed the move to renewed uncertainty over US trade policy, prompting participants to build fresh positions. The strength also showed up overseas, with Comex silver futures recording a similar notable increase.
Oil prices jumped for a fifth straight session as Middle East tensions rose, with Iran-related actions near the Strait of Hormuz and reports of air defense engagement stoking supply fears. Analysts warn that if U.S.-Iran talks stall, prices could surge further, potentially pushing Brent toward $150 per barrel.
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