Precious metals led gains in early trade on Wednesday, February 11, while energy and base metals showed mixed movement on the Multi Commodity Exchange (MCX).

Silver futures were the top performer, rising 2.97% to Rs 2,60,060 per kilogram, up Rs 7,512 from the previous close. The sharp move higher follows strong global cues, with international silver prices rebounding amid lower US Treasury yields and renewed expectations of rate cuts.

Gold futures also traded firm, gaining 0.70% to Rs 1,57,899 per 10 grams, up Rs 1,096, tracking strength in global bullion markets.

Among base metals, copper was marginally higher, trading at Rs 1,238.65, up 0.41%, while zinc rose 0.81% to Rs 328.40. The moves suggest cautious optimism in industrial metals.

In the energy segment, crude oil edged up 0.71% to Rs 5,841, gaining Rs 41, reflecting steady global oil prices.

Natural gas, however, bucked the trend, declining 1.73% to Rs 283.7, down Rs 5, making it the only major loser in early trade.

Overall, the commodity complex showed a positive bias led by precious metals, with silver emerging as the standout gainer in the session.

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