Silver prices rose Rs 99 to Rs 39,771 per kg at the futures trade as participants created positions owing to a firm trend in precious metals overseas.
At the multi commodity exchange, silver for delivery in May was up by Rs 99 or 0.25 per cent at Rs 39,771 per kg at the Multi Commodity Exchange in a business turnover of 9 lots. Likewise, the white metal for delivery in March spurted Rs 95 or 0.24 per cent to Rs 39,218 per kg in 424 lots.
Analysts said widening of positions by speculators in line with a firm trend in global markets influenced silver prices. Meanwhile, silver was up 0.15 per cent at $17.12 an ounce in Singapore.