Silver prices edged higher by Rs 166 to Rs 33,617 per kg in futures trading today as speculators created fresh positions amid white metal strengthened overseas.
At the Multi Commodity Exchange, silver for delivery in March 2016 traded higher by Rs 166, or 0.50 per cent, to Rs 33,617 per kg in a business turnover of 691 lots.
Likewise, the white metal for delivery in far-month May traded higher by Rs 142, or 0.42 per cent, to Rs 34,026 per kg in four lots.
Market analysts said fresh positions built up by speculators, tracking a firming trend overseas, mainly pushed up silver prices at futures trade here.
Meanwhile, silver rose 0.14 per cent to USD 13.94 an ounce in London.
