Silver prices were up by 0.28 per cent to Rs 38,075 per kg in futures trade today as participants widened their bets and shrugged off a weak trend overseas.
At the Multi Commodity Exchange, silver for delivery in September went up by Rs 107, or 0.28 per cent, to Rs 38,075 per kg in a business turnover of 1,518 lots.
Likewise, the white metal for delivery in far-month December lost Rs 91, or 0.23 per cent, to Rs 38,900 per kg in 158 lots.
Analysts said increasing of positions by traders helped silver prices to trade higher in futures trade but a weak trend overseas restricted the gains.
Meanwhile, silver was down by 0.13 per cent at USD 15.26 an ounce in Singapore.
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