At the Multi Commodity Exchange, silver for delivery in May traded higher by Rs 201, or 0.50 per cent, at Rs 40,072 per kg, in a business turnover of 7 lots.
Likewise, the white metal for delivery in March was trading higher by Rs 163, or 0.41 per cent, to Rs 39,458 per kg in 598 lots.
Analysts said, fresh positions built by speculators in line with a firm trend global markets for precious metals, influenced silver prices at futures trade.
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