Silver prices moved up by 0.3 per cent to Rs 36,190 per kg at the futures trade today after investors created fresh positions, ignoring the metal’s weakness overseas.
At the Multi Commodity Exchange, silver for delivery in December moved up by Rs 110 or 0.3 per cent to Rs 36,190 per kg in a business turnover of 640 lots.
Similarly, the white metal for delivery in March 2015 rose Rs 92 or 0.25 per cent to Rs 37,130 per kg in 55 lots.
Market analysts attributed the rise in silver prices at the futures trade to fresh positions built-up by speculators even as the metal weakened overseas.
Meanwhile, silver fell 0.2 per cent to $16.41 an ounce in Singapore today.