Silver prices edged higher by 0.43 per cent to Rs 45,320 per kg at the futures trade today after speculators enlarged positions on a firm trend overseas.
On the Multi Commodity Exchange, silver for delivery in September was up by Rs 194 or 0.43 per cent to Rs 45,320 per kg in a business turnover of 133 lots.
Similarly, the white metal for delivery in July traded higher by Rs 164, or 0.37 per cent, to Rs 44,800 per kg in 133 lots.
Analysts attributed the rise in silver prices at the futures trade to a firm trend in precious metals overseas as investors assessed the outlook for US borrowing costs.
Meanwhile, silver traded 0.40 per cent higher at $21.18 an ounce in Singapore, the highest since March 18.