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Taking positive cues from overseas market, silver prices rose by 0.39% to Rs 41,562 per kg in futures trade today 52,097 per kg, as speculators enlarged positions.
At the Multi Commodity Exchange, silver prices for delivery in far-month December contracts were up by Rs 162, or 0.39%, to trade at Rs 41,562 per kg in business turnover of 277 lots.
Market analysts said speculative positions created by participants following gains in the precious metals overseas, as investors assessed the health of the US economy ahead of the Federal Reserve begins a two-day policy meeting today, mainly influenced silver prices at futures trade here.
Globally, silver climbed 0.3% to $18.72 an ounce in Singapore today.
