Silver prices edged up 0.09 per cent to Rs 38,144 per kg in futures market today as speculators raised bets, taking positive leads from global markets.
At the Multi Commodity Exchange, silver for delivery in May went up by Rs 36, or 0.09 per cent, to Rs 38,144 per kg in a business turnover of 2 lots.
Likewise, the white metal for delivery in March contracts traded higher by Rs 18, or 0.05 per cent, to Rs 37,664 per kg in 213 lots.
Analysts said expanding of positions by traders in tandem with a firm trend in global markets for precious metals, influenced silver prices.
Globally, silver rose 0.25 per cent to USD 16.20 an ounce in Singapore today.
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