Taking positive cues from the global market, silver prices were higher notably by Rs 122 to Rs 42,180 per kg in futures trade today largely as traders created speculative positions.
At the Multi Commodity Exchange, silver for delivery in December was trading higher by Rs 122, or 0.29 per cent, to Rs 42,180 per kg, in a business turnover of 208 lots.
Also, the white metal for delivery in far-month March rose by Rs 118, or 0.27 per cent, to Rs 43,043 per kg in three lots.
In the international market, silver gained 0.43 per cent to USD 17.64 an ounce in Singapore today.
Market analysts said a firming trend in the precious metals in global market where silver rose to the highest in more than two weeks after European manufacturing data added to evidence of a pick up in the region's economy, boosting the demand outlook for metals, influenced silver prices at futures trade.
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