Silver prices went up by Rs 133 to trade at Rs 43,706 per kg in futures trading today as participants indulged in enlarging positions amid a firm trend in precious metals overseas.
In futures trading, silver for delivery in December was up by Rs 133, or 0.31 per cent, at Rs 43,706 per kg at the Multi Commodity Exchange, in a business turnover of 328 lots.
Likewise, the white metal for delivery in far-month March next year spurted Rs 103, or 0.23 per cent, to Rs 44,312 per kg in 4 lots.
Analysts said widening of positions by speculators in step with a firm trend in the precious metals overseas influenced silver prices at futures trade. Besides, dollar's weakness amid investors awaiting the US Federal Reserve's interest-rate decision later today, fueled the trend.
Meanwhile, silver was up 0.38 per cent to USD 18.41 an ounce in Singapore today.
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