Silver touches Rs 1 lakh mark on MCX march contract

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New Delhi [India], October 21 (ANI): Silver prices have reached a significant milestone on Monday, touching Rs 1,00,000 on the Multi Commodity Exchange (MCX) for the March contract...

According to the experts, this surge is being driven by escalating geopolitical tensions in the Middle East, actions by China, and uncertainties related to the upcoming U.S. elections..

These global risks are pushing silver prices to fresh all-time highs, as investors seek safe-haven assets amidst the growing instability...

For instance, in the case of silver, the March contract represents an agreement to trade silver at a fixed price in March, allowing traders to lock in prices now to avoid future volatility...

The ongoing geopolitical tensions and global risks are driving the prices of commodities like silver, as investors look for stability in uncertain times...