Silver futures gain marginally on weak dollar.

Silver futures on the MCX experienced a slight increase due to speculators taking larger positions on a weak dollar in overseas markets. This occurred despite US Federal Reserve Chair Jerome Powell indicating that the central bank is unlikely to cut interest rates in March. The uptrend in silver prices was also supported by strong domestic demand. The March delivery contract saw a 0.14% increase, while the May delivery contract saw a 0.17% increase. [Extracted from the article]