NEW DELHI, Nov 24: Silver prices rose by Rs 128 to reach Rs 40,181 per kg in futures trading today as speculators raised bets amid a firm trend in precious metals overseas.
At the Multi Commodity Exchange, silver for delivery in far-month March was trading higher by Rs 255, or 0.62 per cent, at Rs 40,181 per kg in a business turnover of 19 lots.
In a similar fashion, silver for delivery in December shot up by Rs 122, or 0.31 per cent to Rs 39,514 clocking a business turnover of 181 lots.
Market analysts said fresh positions built by speculators in line with a firm trend in global markets for precious metals influenced silver prices at the futures trade.
Meanwhile, silver was up 0.21 per cent to USD 17.11 an ounce in Singapore today. (PTI)