Taking positive cues from the global market and amid a firm domestic demand, silver futures today traded 0.15% higher at Rs 55,205 per kg.
At the Multi Commodity Exchange, silver for delivery in December moved up by Rs 84, or 0.15%, to Rs 55,205 per kg, with a business turnover of 88 lots.
September silver gained Rs 72, or 0.13%, to Rs 53,420 per kg, with a business turnover of 1,713 lots.
Marketmen said a firm global trend on speculation that central banks from China to the US are poised to step up stimulus measures to counter an economic slowdown, boosting investment demand for the metal, influenced silver futures here.
Pick up in demand in the spot market had a positive impact, they said.
Meanwhile, silver gained 0.5% to $27.94 an ounce in Singapore.
