Silver prices went up by Rs 111 to Rs 38,084 per kg in futures trading today as speculators widened positions amid firm trend in precious metals overseas.
At the Multi Commodity Exchange, silver for delivery in December traded higher by Rs 111, or 0.29 per cent, at Rs 38,084 per kg in a business turnover of 141 lots.
Likewise, the white metal for delivery in September was up by Rs 106, or 0.29 per cent, to Rs 37,256 per kg in 443 lots.
Market analysts said speculative positions built up by participants, tracking a better trend in global markets for precious metals, supported the upside in silver prices in futures trade here.
Meanwhile, silver surged 0.64 per cent to USD 14.86 an ounce in York yesterday.
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