Silver prices traded marginally higher by Rs 30 to Rs 20,938 per kg in futures trading today on fresh buying by speculators driven by a firm global trend.
At the Multi Commodity Exchange, silver for delivery in July rose by Rs 30, or 0.05 per cent, to Rs 54,918 per kg, with a business volume of a single lot.
Likewise, the metal for delivery in May gained Rs 15, or 0.03 per cent, to Rs 54,311 per kg, with an open interest of three lots.
Market analysts said fresh buying by speculators in tandem with a firming trend overseas mainly led to the rise in silver futures prices.
Meanwhile, the white metal traded 0.78 per cent higher at $36.38 an ounce in New York.
