Silver prices went up by Rs 228 to trade at Rs 37,209 per kg in futures trading today as participants indulged in enlarging positions amid a firm trend in precious metals overseas.
In futures trading, silver for delivery in March was up by Rs 228, or 0.62 per cent, at Rs 37,209 per kg at the Multi Commodity Exchange, in a business turnover of 810 lots.
Likewise, the white metal for delivery in far-month May spurted Rs 212, or 0.57 per cent, to Rs 37,610 per kg in 95 lots.
Analysts said widening of positions by speculators in step with a firm trend in global markets, influenced silver prices at futures trade.
Meanwhile, silver was up 0.69 per cent to USD 15.26 an ounce in Singapore today.
