New Delhi: Silver futures surged by Rs 12,803 to a fresh peak of Rs 2,87,990 per kg on Wednesday, while gold rallied Rs 932 to hit a lifetime high of Rs 1,43,173 per 10 grams, amid rising expectations of rate cuts by the US Federal Reserve and intensified geopolitical tensions.

Extending gains for the fourth straight day, silver futures for March delivery appreciated by Rs 12,803, or 4.65 per cent, to touch a lifetime high of Rs 2,87,990 per kilogram on the Multi Commodity Exchange (MCX).

With the latest rise, the white metal has zoomed by Rs 35,265, or 14 per cent, over the past four trading sessions, from Rs 2,52,725 per kg on Friday. So far this year, silver has skyrocketed by Rs 52,289, or 22.18 per cent, from........

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