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Silver futures prices today rose 0.75 per cent to Rs 49,714 per kg largely in tandem with a firm trend in precious metals in the global market.
On the Multi Commodity Exchange, silver for delivery in December rose Rs 368 or 0.75 per cent to Rs 49,714 per kg in a business turnover of five lots.
Similarly, the white metal for delivery in December traded higher by Rs 352 or 0.7 per cent at Rs 48,549 per kg in a turnover of 551 lots.
In the international market, silver traded a shade higher at $21.74 an ounce in Singapore.
Analysts said a firm trend in precious metals in the global market as a partial government shutdown which entered a seventh day, spurred speculation that the political impasse may prompt the Federal Reserve to extend stimulus, influenced silver prices at the futures trade here.
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