Silver futures prices shot up by Rs 56 to Rs 35,530 kg today, after speculators enlarged their positions, driven by a rally in global markets.
Firming trend at the domestic markets on the back of ongoing festive and marriage season demand, also supported the uptrend.
At the Multi Commodity Exchange counter, silver delivery for December traded Rs 569, or 0.16 per cent higher, at Rs 35,530 per kg, with a brisk business turnover of 3,575 lots.
In a similar fashion, the metal for delivery in March gained Rs 51, or 0.14 per cent, to Rs 35,660 per kg, clocking a turnover of 240 lots.
Meanwhile, spot prices of silver spurted by Rs 450 to Rs 36,100 per kg in the national capital in yesterday's trading.
Globally, silver prices went up by 1.50 per cent to $23.64 an ounce in New York in the previous session.
Marketmen said firming trend in global markets and a firm trend at the domestic markets on seasonal demand, supported the upward trend in futures prices here.
