Silver Rate Crosses Rs 1,50,000 For First Time : Domestic silver futures crossed the Rs 1.5 lakh mark on Wednesday, tracking global rates. In the international market, the white metal surpassed the $49 an ounce level for the first time ever.

On commodity derivatives exchange MCX, silver futures (December 5) rocketed by as much as Rs 4,490 -- or 3.1 per cent -- to a record Rs 1,50,282, surpassing the Rs 1,50,000 lakh mark for the first time ever. The March 5 contract surged by Rs 4,280 -- or 2.9 per cent -- to scale an all-time high of Rs 1,51,795 on the bourse.

On US-based metal derivatives bourse COMEX, white metal futures jumped by as much as $1.7 -- or 3.5 per cent -- to a record $49.20 per ounce.

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At the current levels, gold and silver have ra

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