Silver prices went up by Rs 204 to Rs 42,114 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 March next year traded higher by Rs 204, or 0.49 per cent, at Rs 42,114 per kg in a business turnover of 1 lot.
Likewise, the white metal for delivery in December was trading higher by Rs 59, or 0.14 per cent, to Rs 41,480 per kg in 555 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 at futures trade here.
Meanwhile, silver surged 0.99 per cent to USD 17.87 an ounce in York yesterday.
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