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Tracking a rising trend in global markets, silver futures prices today rose by Rs 184 to Rs 36,383 per kg as speculators built fresh positions amid covering-up of short positions.
At the Multi Commodity Exchange, silver for delivery in March traded higher by Rs 184, or 0.51%, to Rs 36,383 per kg in business turnover of 518 lots.
On similar lines, the white metal for delivery in far-month May traded Rs 179, or 0.49%, higher at Rs 36,735 per kg in a turnover of 31 lots.
In the international market, silver traded 0.3% higher at $16.38 an ounce in Singapore, extending Monday's 0.6% gains.
Market analysts said besides covering up of short positions by speculators, a firming trend in the precious metals in the global market, supported the upside in silver futures here.
