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Silver prices rose by 0.48% to Rs 47,105 per kg in futures trading today as speculators enlarged positions despite a weakening trend in global markets.
At the Multi Commodity Exchange, silver for delivery in March next year rose by Rs 324, or 0.48%, to Rs 47,105 per kg in business turnover of four lots.
Likewise, the white metal for delivery in December traded higher by Rs 196, or 0.43%, to Rs 45,636 per kg in 229 lots.
Analysts said fresh positions built up by speculators helped silver futures to trade higher but a weak trend overseas limited gains.
Meanwhile, silver rose 0.60% to $20.25 an ounce in Singapore.
