Tracking a firm trend in precious metals overseas, silver prices rose Rs 91 to Rs 37,126 per kg in futures trade Thursday as speculators widened their bets.
At the Multi Commodity Exchange, silver for delivery in December contracts shot up by Rs 91, or 0.25 per cent, to Rs 37,126 per kg in a business turnover of 508 lots.
Market analysts said speculative position created by participants, driven by firm global trend as weakness in the dollar raised demand for the precious metals as a safe haven investment, influenced silver futures prices here.
Globally, silver traded higher at USD 14.27 an ounce in Singapore today.
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