Silver prices rose Rs 171 to Rs 35,496 per kg at the futures trading today as speculators created fresh positions on the back of recovery in precious metals overseas.
On the Multi Commodity Exchange, silver for delivery in May traded higher by Rs 171 or 0.48 per cent at Rs 35,496 per kg in a business turnover of 688 lots.
Likewise, the white metal for delivery in July was trading higher by Rs 129 or 0.36 per cent at Rs 35,960 per kg in three lots.
Market analysts said fresh positions created by speculators largely in tandem with a firm trend in global markets, influenced silver prices at the futures trade.
Meanwhile, the white metal gained 0.3 per cent to $15.64 an ounce in Singapore.