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Silver prices rose by Rs 195 to Rs 36,650 per kg in futures trading today as speculators enlarged positions amid a firming trend in precious metals overseas.
At the Multi Commodity Exchange, silver for delivery in March traded higher by Rs 195, or 0.53%, at Rs 36,650 per kg in a business turnover of 455 lots.
Likewise, the white metal for delivery in May traded higher by Rs 182, or 0.49%, to Rs 37,015 per kg in 55 lots.
Market analysts said positions enlarged by speculators largely in tandem with a firming trend in the precious metals overseas as Chinese buyers returned from a week-long holiday, supported the upside in silver prices at futures trade.
Meanwhile, silver was up 0.3% at at $16.61 an ounce in Singapore.
