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Silver prices rose by 0.45% to Rs 37,366 per kg in futures trade today as speculators created fresh positions, tracking a firming trend overseas.
At the Multi Commodity Exchange, silver for delivery in far-month March traded Rs 170, or 0.45%, higher at Rs 37,366 per kg in business turnover of 163 lots.
Likewise, the white metal for delivery in December traded higher by Rs 135, or 0.37%, to Rs 36,380 per kg in 1,231 lots.
Market analysts said fresh positions created by speculators in tune with rise in bullion in global markets and pick up in demand at domestic spot markets, influenced silver prices in futures trade.
Meanwhile, silver increased 0.20% to $16.52 an ounce in Singapore.
