Silver futures extend gains on good demand.

Silver futures extended gains on MCX due to good industrial demand and supply worries in the domestic market. Meanwhile, investors were eagerly awaiting the upcoming release of the US Consumer Price Index for insights into the US Federal Reserve's plans.The contract for March delivery was trading at Rs 72064.00, up by 0.13% or Rs 95.00 from its previous closing of Rs 71969.00. The open interest of the contract stood at 24964 lots.The contract for May delivery was trading at Rs 73220.00, up by 0.13% or Rs 96.00 from its previous closing of Rs 73124.00. The open interest of the contract stood at 2396 lots on MCX. [Extracted from the article]