Gold and Silver Price: The futures of silver crossed the level of Rs 588 to Rs 1.25 lakh on Tuesday due to extending bets by the participants in the futures market. The December delivery silver contract on the Multi Commodity Exchange (MCX) rose by Rs 588 or 0.47 per cent to Rs 1,25,249 per kg lifetime high. Experts said that silver prices have increased due to the latest deal of participants. Globally, the price of a December contract in New York was at a lifetime high of $ 41.99 an ounce.
Silver futures made a new record on Monday also
Let us tell you that silver prices in the futures market on Monday also set a new record. On Monday, silver had crossed the level of Rs 1.24 lakh with a huge rise of Rs 2597. The December delivery silver contract on MCX increased by Rs 2597 or 2.13 percent to a new record level of Rs 1,24,470 per kg yesterday, which was a silver lifetime high by September 1, 2025. Apart from the futures market, silver prices were recorded on Monday in the bullion market. Yesterday, silver prices rose by 1000 to Rs 1,26,000 per kg (including all taxes) at a new record level in Delhi’s bullion market.
Gold prices recorded in futures market
Similarly, on Tuesday, September 2 in the morning, gold prices saw a good rise in gold prices. This month the US Federal Reserve remains the major positive factors for sleeping by the US Federal Reserve expecting interest rates and uncertainty about US President Donald Trump’s tariff policies. At around 9:15 am today, the October futures price of gold at MCX rose 0.47 percent to 1,05,280 per 10 grams. In Delhi’s bullion market on Monday, the price of gold with 99.9 percent purity gained Rs 1000 to Rs 1,05,670 per 10 grams of new lifetime high.
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