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Silver prices moved up by 0.26% to Rs 44,036 per kg in futures trade today as speculators enlarged positions, supported by a firming global trend.
At the Multi Commodity Exchange, silver for delivery in September advanced by Rs 116, or 0.26% to Rs 44,036 per kg in business turnover of 1,979 lots.
In a similar fashion, the white metal for delivery in far-month December gained Rs 100, or 0.22% to Rs 44,803 per kg in 24 lots.
Market analysts said speculators enlarged positions in tandem with a firming global trend, mainly led to the rise in silver prices at futures trade.
Meanwhile, silver rose 0.2% to USD 20.08 an ounce in Singapore.
