At the Multi Commodity Exchange, silver for delivery in March rose by Rs 104, or 0.28 per cent, to Rs 36,833 per kg in a business turnover of 221 lots.
The metal for delivery in May was also trading higher by Rs 32, or 0.09 per cent, at Rs 37,333 per kg in 4 lots.
Analysts said the rise in silver prices at futures trade was due to building up of positions by participants. The global markets also displayed a weak trend with investors remaining in 'wait-and-see' mode ahead of the outcome of a two-day meeting of the US Federal Reserve.
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